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(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 50 Yuan, 1945.

(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 50 Yuan, 1945.

(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 50 Yuan, 1945. P-378p1 & 378p2. S/M#C303-4. Front & Back Proofs. PMG Choice Very Fine 35 Net to Choice Extremely Fine 45. Tear Repair, Previously Mounted. Retrograde printing by the Central Printing Factory 'For Circulation in the Nine Northeastern Provinces'. Purple, different to the blue colour on the issued notes. Extremely rare. PMG Comments "Previously Mounted" on the front proof and "Tear Repair, Previously Mounted" on the back proof. Estimate: $1,000 - $2,000. Provenance: From the Renaissance Collection of Central Bank of China. 民國三十四年中央銀行伍拾圓。單面正面及背面試印樣票。一對。 中央印製廠印製,東北九省流通券逆版印刷試印樣票。紫色,與正式發行之藍色不同。極其珍罕。正面試印票 PMG備註"曾黏貼";背面試印票備註"撕裂修復、曾黏貼"。 (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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(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 50 Yuan, 1945.