(t) CHINA--REPUBLIC. Central Bank of China. 5 Yuan, 1945. P-269As1.

Complete Set of the 1945 'For Circulation in Vietnam' Notes (t) CHINA--REPUBLIC. Central Bank of China. 5 Yuan, 1945. P-269As1. S/M#C300. Front Specimen. PMG Uncirculated 62. Printed by the Central Printing Factory (CPF) 'For Circulation in Vietnam'. Green, Sun Yat Sen at left, similar in appearance to the Fabi notes issued in the 1940s. Phenomenally rare. PMG Comments "Staining." The background of this series can be found in the description for the 10 Yuan note. The standard unissued notes are all rare, but it appears that specimens are even rarer; certainly, this is the first example the cataloguer has seen. This uniface obverse specimen is the ONLY example graded by PMG, compared to the total population of five for the unissued notes. Estimate: $1,000 - $1,500. Provenance: From the Renaissance Collection of Central Bank of China. 民國三十四年"越南流通券"大全套 民國三十四年中央銀行伍圓。單面正面樣票。 中央印製廠印製，屬"越南流通券"系列。綠色，左側為孫中山頭像，外觀與1940年代發行之法幣相近。極其珍罕。PMG備註"有漬"。本系列之發行背景詳見拾圓說明。該系列標準未發行票皆屬罕品，而樣票則更為罕見；本品確為編者首見之實物。相較於未發行流通票存世僅五張，此單面正面樣票為 PMG唯一入評，十分珍稀。 (t) This lot was manufactured in China (including Hong Kong), Russia or Republic of Belarus and was sourced from outside the United States for this auction after tariffs were enacted by the United States. Accordingly, as of February 27, 2026, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff for China manufactured items, and a 35% import tariff for Russia or Belarus manufactured items. In addition a processing fee of 0.3464% (minimum $33.58 / maximum $651.50) will apply. Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

Estimación:€445.76

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