China - Hainan Bank 5 Cents Banknote, 1949, P-S1453, UNC, TAP Authenticated

This China 5 Cents paper bill was introduced by the Hainan Bank in 1949, shortly after the Nationalists ran away from Hainan and the Communists assumed power. The uni-faced banknote comes in red. On its obverse is a portrait of Sun Yat-sen who served as the provisional first president of the Peoples Republic of China. The banknote is 99 x 49 mm in size and was printed by the Hong Kong Printing Press Limited. Its watermark is unknown and it carries no security thread. This particular China 5 Cent banknote is in uncirculated condition and has been TAP authenticated by Banknote Worlds TAP experts.