CHINA--REPUBLIC. Bank of Communications. 50 Cents, 1.1.1915. P-121a.(S/M#C126) Changchun branch. A highly important offering which marks the first time we have handled the catalog number in issued form. Seen with a very high catalog price in the SCWPM this note will surely grab collector attention. It shows as an ABNC design with shape at left with serial number above. Branch name in English with Chinese beside. Verso seen in an open format with large central guilloche and serial number at lower left. Mounting remnants are viewed at the back at four corners and lower center. Great appeal remains for the grade with circulation being mostly even. We handled a specimen version of this catalog number in our November 2009 Baltimore auction which brought $621.00 as lot 6290.PMG Choice Fine 15 Net. Previously Mounted.