(t) CHINA--REPUBLIC. China & South Sea Bank Limited. 1 Yuan, 1927. P-A126a. PMG Very Fine 30.
Shanghai, serial number ZM355810. Vertical format, purple-brown on yellow, vignettes of maidens from the five main ethnic groups and a Yuan Shih Kai dollar on both sides. One of the most instantly recognisable types in Chinese notaphily and always fiercely competed for. An original solid example.
Estimate: $2200 - $3000