1000 usd chinese banknote??

5 posts
kommodore
Joined: 5 Kas 2009
Posts: 3010
Posted: 12 Eyl 2014, 02:02 #
Posted: #
can someone shed some light here?
Is this banknote really that expensive?
kommodore
Joined: 5 Kas 2009
Posts: 3010
Posted: 12 Eyl 2014, 02:15 #
Posted: #
http://www.ebay.com/itm/People-039-s-Bank-of-China-1950-50000-YUAN-Paper-Money-/181494708768?pt=Paper_Money&hash=item2a41ed7a20&nma=true&si=P7i0foV%252BF%252BQEnp0g1Es2kgjGHW4%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
Guess not.
Someone please explain why the banknote is 4250 USD in VF grade in the krause catalogue?
Enlilninlil
Joined: 26 Ara 2010
Posts: 253
Posted: 24 Eyl 2014, 11:19 #
Posted: #
A short lived note of the highest value of the PRC. My 2003 Chinese (mainland) catalogue has it as 10,000 - 15,000 yuan. And the other 50,000 yuan is priced the same.
"Such is life" Ned Kelly
kommodore
Joined: 5 Kas 2009
Posts: 3010
Posted: 24 Eyl 2014, 12:52 #
Posted: #
Well someone just bought it on ebay for 1 $ 8.
Enlilninlil
Joined: 26 Ara 2010
Posts: 253
Posted: 24 Eyl 2014, 23:10 #
Posted: #
That was a poor grade note, with a hole, I am talking about uncirculated. And that seller only shows one side, who knows what the other side looks like.
"Such is life" Ned Kelly
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