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Auction: CSS123B - China Banknotes and Coins
Lot: 1123

(x) Republican China Military, 5 yuan, Year 4609 (1912), Shanghai, serial number 018511, orange,
(Pick S3819a), PMG 40. Notes issued under Chung Hwa Bank after Chen Qimei's forces captured Shanghai. Used to raised funds for war effort. Quite scarce


黃帝紀元4609年（1912年）中華民國軍用鈔票伍元，上海地名，編號018511，橙色，PMG 40。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$10,000 to HK$18,000