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1965 China 10 Yuan 2-Note Set: PMG 64 Choice UNC & PMG 66 Gem UNC, P-879b

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1965 China 10 Yuan 2-Note Set: PMG 64 Choice UNC & PMG 66 Gem UNC, Both P-879b

Description:

This exceptional set includes two 1965 China 10 Yuan banknotes, both cataloged as P-879b. One note is graded PMG 64 Choice UNC, and the other is graded PMG 66 Gem UNC. These notes represent an important period in China's economic history and are a testament to the intricate design and quality of mid-20th-century Chinese currency.

Design and Features:

  • Obverse: Both 10 Yuan notes feature a portrait of Mao Zedong, the founding father of the People's Republic of China, set against a backdrop that highlights key symbols of China's revolutionary history. The intricate background patterns and vibrant colors add depth and detail to the design.
  • Reverse: The reverse side of the notes typically depicts scenes of agricultural or industrial progress, reflecting the country's focus on modernization and development during the 1960s. Detailed engravings and sophisticated designs underscore the craftsmanship of the era.

PMG 64 Choice UNC:

  • Condition: This note is in Choice Uncirculated condition, indicating it has no signs of circulation and only minor handling marks. It retains sharp details and vibrant colors, making it an excellent collectible piece.
  • Grade: PMG 64 signifies a high-quality note that is well-preserved with slight imperfections that are barely noticeable.

PMG 66 Gem UNC:

  • Condition: This note is in Gem Uncirculated condition, which is a superior grade indicating outstanding preservation. The note features perfect centering, sharp corners, and exceptional eye appeal.
  • Grade: PMG 66 denotes a note of exceptional quality, with full originality and no evidence of handling or circulation.

Historical Significance: Issued in 1965, these 10 Yuan banknotes reflect a period of significant change and development in China. The 1960s were marked by major economic reforms and efforts to modernize agriculture and industry. These notes capture the spirit of progress and the ideological focus of the time, making them important historical artifacts.

Collector's Value: The combination of a PMG 64 Choice UNC and a PMG 66 Gem UNC note in this set offers collectors a unique opportunity to own high-quality examples of mid-20th-century Chinese currency. The high grades, along with the historical and cultural significance, make these notes highly desirable for collectors of Chinese banknotes and those interested in economic history.