CHINA--REPUBLIC. Bank of Communications. 500 Yuan, 1941. P-163.(S/M#C126-263) This design is among many collectors favorites and always generates great interest when offered in any form. The note shows here as the finest we have handled with only a few touches of circulation observed. Simply radiant inks make up the detailed central vignette of an ocean liner at port and tugboats in foreground. multicolored under-printing contrasts nicely to the deep blue frame and ornate guilloches are noticed at left and right. The back is another vignette which is favored by many collectors with a magnificent countryside view with high current power lines spanning a passenger train. Detailed geometric lathe work is observed in heavy amounts and ample white space increases the appeal. PMG mentions residue in the comments section of the holder which is observed at the upper left of the back. We feel however that the previously mentioned flaw is quite trivial and does not impede against the appeal. The last we handled in this scarce About Uncirculated grade was another PMG 55 Net note which brought $8,365.00 as lot 53089 in our August 2012 ANA sale. Formerly part of the Allen Berk collection.PMG About Uncirculated 55 Net Residue.
