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11d 21hUSStack's Bowers

(t) CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 100 Yuan, 1949.

(t) CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 100 Yuan, 1949.

Spectacular Blue Bei Hai Bridge Folding Error (t) CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 100 Yuan, 1949. P-832b. S/M#C282. Printed Fold Error. PMG Very Fine 30. Blue Bei Hai Bridge. A spectacular fold error, which, if the note was folded towards the front, would cause the serial number and the seal signatures on the reverse to be in their correct positions on the front. Although errors on the Blue Bei Hai Bridge are occasionally seen, they are rarely this sensational. PMG Comments "Tear, Stains." Estimate: $3,000 - $5,000. Provenance: From the Grass Unweeded Collection. 歎為觀止之藍北海橋印刷摺疊錯體票。 1949年第一版人民幣壹佰圓。印刷摺疊錯體。 1949年第一版人民幣壹佰圓。印刷摺疊錯體。 藍北海橋。令人驚嘆的摺疊錯體。若將紙鈔向正面摺疊,背面之編號與印章簽名將精準落於正面的正確位置。儘管藍北海橋的錯體偶有出現,然如此震撼之錯體實屬罕有。PMG備註 "有裂、有漬"。 (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.

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(t) CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 100 Yuan, 1949.