CHINA--PUPPET BANKS. Federal Reserve Bank of China. 100 Yuan, 1938. P-J64a.(S/M#C286-21) An always important offering and the first we have handled in several years. Shown is a remarkable design with field workers and pagoda in background. Dragon flying above within cloudscape. Portrait vignette of Huang Ti at right. Back design also in deep purple inks with central vignette of a large pagoda. Nearly EF in quality and seen with wonderful silk fiber laden paper. PMG mentions "foreign substance," in the comments section of the holder.PMG Choice Very Fine 35 Net. Foreign Substance.