(t) CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 50 Yuan, 1949. P-826a. PMG Choice Extremely Fine 45.

(S/M#C282-41). Block 123. Guilloche at center in dark purple ink with bridge at right and steam train at left. The reverse of the note displays a truck in the countryside driving parallel to powerlines. The bank name is above with the series date below the design, with "50" counters found at left and right. Attractive mid-grade examples of this denomination are seldom offered at public auction, with this note being one of the finer examples we can recall handling in recent memory.

Estimate: $2000.00 - $3000.00

民國三十八年第一版人民幣伍拾圓。

冠字123。中央為深紫色網紋，大橋於右，蒸氣火車於左。反面可見火車在鄉郊行駛，與電纜平衡。銀行名在上，序列日期在設計之下，"50"面值左右均可見。此面值的中等評分甚少出現在公開拍賣上，此為我們近期經手之中評分數一數二的一張。