CHINA--PEOPLES REPUBLIC. Peoples Bank of China. 20 Yuan, 1949. P-821a.(S/M#C282-32) An important Gem Uncirculated offering of this 20 Yuan design which shows with vibrant color of both the bordering and under-printed designs. Nice clarity of the vignette at left of a town with train in foreground. The last we handled was a PMG Choice Uncirculated 63 note which brought $598.00 as lot 24227 in our April 2012 Hong Kong sale.PMG Gem Uncirculated 65 EPQ