Central Bank of China, 5 yuan, Year 12 (1923), serial number A655607

Central Bank of China, 5 yuan, Year 12 (1923), serial number A655607, with the Hupeh, Hunan, Kiangsi circulation overprint, (Pick 173e), PMG 25, ink stamps. One of only 5 graded by PMG, with only 1 better. Issued during the Northern Expedition with the purpose closer to a military currency but still were used to civilians. Rare 民國十二年中央銀行伍圓，編號 A655607，加蓋「鄂湘赣三省通用大洋券」。PMG 25，有墨。PMG記錄僅有5枚，有一枚更高分。發行在北伐戰爭中，大多在軍隊裏流通，但後期也容許平民使用。極為罕見。

Estimate:$509.78

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