CHINA--REPUBLIC. Industrial Development Bank of China. 20 Cents, 1928. P-500b. PMG Choice Uncirculated 64.
(S/M#C245-21b). Tientsin. Printed by BEPP. Dark purple ink stands out on the face and reverse of this 20 Cents note. Nearly Gem. PMG comments "Pinhole."
Estimate: $200.00- $300.00

民國十七年勸業銀行貳角。
天津地名，BEPP印製，深紫色墨水出眾，近GEM狀態。PMG標示"針孔"。 On September 1, 2019, the United States enacted new tariffs on collector's items manufactured in China. Accordingly, all buyers in forthcoming Stack's Bowers and Ponterio Hong Kong Auctions who wish to have any Chinese manufactured item delivered within the United States will be subject to these tariffs. Furthermore, as a result of the new tariffs, all orders will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.