Origin: CN
Date/Period: 20th C
Material: Paper
Approximate Size: Length :20.5cm Width: 8.5cm
Additional Information: People's Bank of China, The 1953 10 Yuan note offered in the auction is in Fine grade with few folds can be seen. The second series of RMB is quite inspiring as the format is significantly larger than the others of the 1953 series. Gray-black inks make up the basic design and "Farm Couple," vignette at center with red signature seals and serial numbers. Extended left end seen with protector and watermark. At the time of issue, the note represented around 1/3 the wage of a skilled technical worker, or around three months for a laborer. The economic turmoil during the next decades resulted in the mass redemption of these notes, thus accounting for its rarity today.
Condition:
Offered in overall good condition. Surface wears,with age and use.Please refer to the picture .LUXUR FINE ART AUCTION attempts to check every lot correctly, we will attempt to point out any defects as much as we can but will not be responsible for the correctness of the catalog or other descriptions of the lot. We wish you can check the property condition thoroughly before the bidding. Any of the following conditions of sale may be amended, waived, or modified in the sole discretion of LUXUR FINE ART AUCTION.
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