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Auction: CSS36 - Banknotes, Bonds & Shares and Coins of China and Hong Kong
Lot: 1019

People's Bank of China, 1st series renminbi, 1949, 5 yuan, 'Water Buffalo', serial number I II III 4639680,
(Pick 814), PCGS Gold Shield Grading 50 About Uncirculated. One of the more difficult types in this series and infamous for the poor quality of paper that was used. High grades are therefore extremely difficult and this piece is exception


一版人民幣5元（水牛圖），編號I II III 4639680, PCGS Gold Shield Grading 50, 由於此鈔之紙質普遍甚差，好品相者極為少見

Sold for
HK$44,000