CHINA--REPUBLIC. Bank of Territorial Development. 5 Dollars, 1915. P-574r. S/M#C165-21. Remainder. PMG Choice Uncirculated 64.
Urga, serial number 06387. Purple-brown on pink, black Chinese and Manchu text, reverse in similar colours, Russian text. A scarce note used in the frontiers and frequently encountered in the lower grades. In SECOND HIGHEST grades with only three others higher in 64-EPQ.
From the John E Sandrock Collection.

民國四年殖邊銀行伍圓。庫存票。
庫倫地名。編號06387。粉紅色底印，紫棕色印刷，印有漢字及滿文，反面印色相似，俄文。在邊疆流通使用的稀見紙鈔，常見低評分。本品為PMG亞軍分，僅得3張獲評更高之64-EPQ。

Estimate: $1000.00 - $1500.00