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Auction: CSS45 - Banknotes, Bonds & Shares and Coins of China and Hong Kong
Lot: 825

People's Bank of China, a complete set of 7 hand executed essay pairs for an unissued series of renminbi, dated 1972 to 1973, consisting of: 1, 2, 5 jiao, 1, 2, 5, 10 yuan,

1 jiao: obverse: a crowd of people depicting 'birth and productivity', serial number IV VIII IV 0000000, reverse: National Emblem at centre, bank title in five different scripts.

2 jiao: obverse: green, Nanjing Yangtze River Bridge, '2' at upper left and right, serial number IX III VI 0000000, reverse: green, blue and red, National Emblem at upper centre, bank title in five different scripts.

5 jiao: obverse: purple, woman working on a weaving machine, '5' at upper left and right, serial number I IX V 1973220, reverse: purple and brown-purple, blue and red, National Emblem at upper centre, bank title in five different scripts.

This design was allegedly the first and only design approved personally by the then Premier Zhou Enlai. The design suitably illustrates Mao Zedong's comment that 'women can uphold half the heaven' in society and the importance of women in China's socialist society.

1 yuan: obverse: purple-red, farming couple at centre, '1' at lower left and right, bank title in five different scripts, without serial numbers, reverse: purple-red and blue, terraced fields at centre, National Emblem at upper right.

2 yuan: obverse: green and black, factory workers at centre, '2' at lower left and right, bank title in five different scripts, serial number III VI IV 0000000, reverse: similar colours, factory scene at centre, National Emblem at upper right.

5 yuan: obverse: brown and black, iron smelters at centre, '5' at lower left and right, bank title in five different scripts, serial numbers III V III 0000000, reverse: green and multicolour, mining scene at centre, National Emblem at upper right.

10 yuan: obverse: blue-green, crowd and workers and peasants at centre, '10' at lower left and 'Shi Yuan' at lower right, bank title in five different scripts, serial number III V III 0000000, reverse: green, blue and multicolour, Great Hall of the People at centre, National Emblem at upper right.






all encapsulated by PMG without a grade given. A magnificent once in a lifetime offering. Unique (7 pairs)

Sold for
HK$1,800,000