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Auction: CSS25 - Banknotes, Bonds & Shares and Coins of China and Hong Kong
Lot: 4020

People's Bank of China, 1st series renminbi, 1948-1949, 200 yuan, 'Pai Yun Palace', serial number I IX IV 635220,
(Pick 837), PCGS Banknote Grading 55 OPQ About Uncirculated, difficult in high grade

Sold for
HK$4,000