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Auction: CSS123B - China Banknotes and Coins
Lot: 1122

(x) Republican China Military, 1 yuan, Year 4609 (1912), Shanghai, serial number 000416, brown,
(Pick S3818a), PMG 45, pinholes. PMG census one of only two TOP POP. Notes issued under Chung Hwa Bank after Chen Qimei's forces captured Shanghai. Used to raised funds for war effort.


黃帝紀元4609年（1912年）中華民國軍用鈔票壹元，上海地名，編號000416，棕色，PMG 45，有細孔。由中華銀行在陳其美軍隊攻占上海後發行，用於籌集戰爭資金。系列中最高面值

Estimate
HK$5,000 to HK$7,000