民国三十八年第一版人民币拾圆。 无水印。冠字123。高分之作。 CHINA--PEOPLES REPUBLIC. Peoples Bank of China. 10 Yuan, 1949. P-816a. PMG Gem Uncirculated 66 EPQ. (S/M#C282). Without watermark. Block 123. An exceptional Gem offering of this superbly designed 10 Yuan note. From the Hobart Collection.