(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 5000 Yuan

(t) CHINA--REPUBLIC. Lot of (2). Central Bank of China. 5000 Yuan, 1947 & ND (1947). P-311s1 & 311s2. S/M#C300-302. Front & Back Specimens. PMG About Uncirculated 53 to Uncirculated 62. Printed by Central Printing Factory Shanghai. One of three pairs graded by PMG and extremely rare. PMG Comments "Printer's Annotations, Previously Mounted, Edge Damage, Ink" on P-311s1 and "Printer's Annotations, Previously Mounted, Annotation" on P-311s2. Estimate: $300 - $500. Provenance: From the Renaissance Collection of Central Bank of China. 民國三十六年中央銀行伍仟圓。單面正反面樣票。 兩張。 中央印製廠上海廠印製。PMG僅評三對之一，極其珍罕。PMG於P-311s1備註"印刷廠筆註，有黏貼痕跡，紙邊有損，墨跡"，P-311s2備註"印刷廠筆註，有黏貼痕跡，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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