China - Hainan Bank 2 Cents Banknote, 1949, P-S1452, UNC, TAP 60-70 Authenticated

The China 2 Cents banknote was released by the Hainan Bank in 1949, right after the Nationalists ran away from Hainan and the declaration of the Peoples Republic of China by the Communists. The banknote is in brown and features on its obverse the provisional first president of the Peoples Republic of China, Sun Yat-sen while its reverse is blank. Printed by the Hong Kong Printing Press Limited, the 99 x 49 mm uni-faced banknote has no security thread and with an unknown watermark. This particular China 2 Cent banknote is in uncirculated condition and has been TAP authenticated by Banknote Worlds TAP specialists.