(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 500 Yuan

(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 500 Yuan, 1944. P-266s1 & 266s2. S/M#C300-212. Front & Back Specimens. PMG Choice Uncirculated 63 to Choice Uncirculated 63 EPQ. Printed by Zhong Yang Xin Tuo. Fu Xing Guan at left, Sun Yat Sen at right. The HIGHEST GRADED of the two complete pairs graded by PMG. Extremely rare. PMG Comments "Printer's Annotations, Minor Repair" on the front specimen and "Printer's Annotations" on the back specimen. Estimate: $500 - $800. Provenance: From the Renaissance Collection of Central Bank of China. 民國三十三年中央銀行伍佰圓。單面正面及背面樣票。一對。 中央信託局印製。左側為復興關，右側為孫中山頭像。PMG所評僅有兩套對鈔中之冠軍分。極其珍罕。PMG於正面樣票備註"印刷廠筆註、輕微修復"；背面樣票備註"印刷廠筆註"。 (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.

Estimate:£0.75

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