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Auction: CSS97 - The Steve Liang Collection of Banknotes and Stamps
Lot: 56

Bank of Taiwan, 5 yuan, Year 38 (1949), serial number AD972445, First Printing Factory,
(Pick 1952), PMG 45. A scarce low denomination type in high grade. Second highest grade on PMG Census.

Estimate
HK$30,000 to HK$50,000

Starting price
HK$24000