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Description

China Central Bank of China 500,000 Yuan ND (1949) Pick UNL Front and Back Proof PMG Choice Uncirculated 64; Choice Uncirculated 64 EPQ.
Incredible and extremely rare Unissued type note from the Central Bank's extensive 1949 series of banknotes. Rapid inflation in China led to the creation of many high denomination notes, although not all of them were issued. This 500,000 Gold Yuan was never issued, and as such only Specimen and Proofs exist. Approval stamps and staple holes are mentioned on the front side Proof. A very scarce pair of notes that were never issued. (Total: 2 notes)


NOTE: This lot was manufactured in China and was sourced from outside the United States for this auction after September 1, 2019. Under the new US tariffs on Chinese goods, collector's items from China will be subject to an import tariff. Any clients who wish to take delivery of this item in the United States should be aware of this added charge, and consult their tax adviser with any questions. If you choose to take delivery in the United States and purchase both tariffed and non-tariffed lots from this auction, please note that the automatic invoice you receive after the auction will be incorrect; you will be emailed revised invoices shortly afterwards. The lots that fall under the tariff will be invoiced separately and will ship directly from our Hong Kong Office and carry a separate, additional shipping charge.

1949年中央銀行金圓券伍拾萬圓,正背面試樣票。PMG Choice Uncirculated 64;Choice Uncirculated 64 EPQ。
這張鮮有一遇的未發行樣票出自品種眾多的1949年中央銀行系列。當時正值嚴重通漲,導致需要更高面額的鈔票,但並非每種設計都被投入發行,故部分僅有樣票或試印票存世。正面一張帶有核准圓戳及釘孔。這對試印票未有發行,珍罕萬分。


Estimate: $1,500 - up.

Auction Info

Proxy Bidding Ends 
December
4th Thursday 7:50 pm CT
Auction Dates
December
5th-8th Friday-Monday
Proxy Bidding Time Remaining 
4 Days 9m 21s
Bids + Registered Phone Bidders: 0
Lot Tracking Activity: 16
Page Views: 101

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20% of the successful bid (minimum $29) per lot.

This lot is in: 1 - Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 22001-22242) - 8:00 PM Central Time, Thursday, December 4, 2025 (10:00 AM Hong Kong Time, Friday, December 5, 2025).
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]

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Additional Location Info:
Holiday Inn Golden Mile Hong Kong
50 Nathan Road
Tsim Sha Tsui, Kowloon
Hong Kong

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Starting Bid:
$750
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