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Auction: CSS117B - China, Hong Kong and World Banknotes summer auction
Lot: 1190

People's Bank of China, 1st Series Renminbi, 1948, 20 yuan, serial number I II III 70384937, "donkey and train",
(Pick 804a), PMG 25EPQ. Original example getting scarcer


1948年中國人民銀行第一版人民幣貳拾圓「驢子與火車」，編號I II III 70384937，PMG 25EPQ

Estimate
HK$2,500 to HK$4,000

Starting price
HK$2400