(t) CHINA. Szechuan-Shensi Soviet. 5 Cents, ND (1932). PCGS AU-55.
CL-SWA.04; KM-Y-507.1. Variety with reeded edge and without "island". An elusive and VERY RARE type that is missing the "island" (oval annulet below the map outline) that is often found on these examples. With even brown surfaces and a good amount of remaining details, this piece is sure to find a home in any collection.

一九三二年中華蘇維埃共和國五分。
齒邊，無島(地圖下方的橢圓小環)。十分罕見，幣面棕色調平均，細節完好，難得一遇之罕見版別。 (t) On September 1, 2019, the United States enacted new tariffs on collector's items of Chinese origin, including bullion and numismatic coins and banknotes. This lot was manufactured in China and was sourced from outside the United States for this auction after the tariffs were enacted. Accordingly, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff plus a processing fee of 0.3464% (minimum $31.67 / maximum $614.35). Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

Estimate: $1500.00 - $2000.00