(t) CHINA--PROVINCIAL BANKS. Hulunpeierh Official Currency Bureau. 100 Yuan, 1919. P-S1892M. PMG Very Fine 25.
Heilungkiang, serial number 4576. Olive on orange, crossed flags and Chinese style house at centre, reverse red on light green, floral borders, Chinese style buildings. The highest denomination of the series and only one of two notes graded by PMG. Exceeding rare and missing in many advanced collections of Chinese banknotes.

民國八年呼倫貝爾官商錢局壹佰圓。
黑龍江地名，編號4576。此鈔橄欖色為主，橘色底印，中央交叉旗幟和中式建築，背面淺綠色上紅色點綴，花卉邊框，中式建築。此張紙鈔是該系列中面值最高，PMG 評級記錄中僅有兩張。存世量極為稀少，許多高级的中國紙鈔收藏中均從缺的一張。 (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: $4000.00 - $7000.00