CHINA--REPUBLIC. Bank of Territorial Development. $50, ND (1916). P-585r.(S/m#C165-53) Remainder. This highly important offering is the first we recall handling in recent memory. The note shows in a larger format with vignette of a building at right. Black bordering design on green under-print with multi-color guilloches. It seems only a small spot stain and minor handling account for the grade. The finer of two PMG has graded. PMG Pop. 1/none finer.PMG Choice About Uncirculated 58From the Neil Nelson Collection.