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Auction: 14010 - Fine Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong
Lot: 543

People's Bank of China, 1st series renminbi, 1948/1949, 5 yuan 'Grazing sheep', 10 yuan 'Woodcutting and Ploughing', 20 yuan 'Lijiao Bridge' and 100 yuan 'Farming and Factory'
(Pick 802, 815, 821 and 808), average around very fine (4)

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Estimate
HK$3,000 to HK$3,500