China People’s Republic 1962 1 Jiao Pick 877c PMG 70 STAR EPQ No Watermark High Grade Note S/N 0199339

China People’s Republic 1962 1 Jiao Pick 877c PMG 70 EPQ No Watermark High Grade Note S/N 0199339

This is a certified China / People’s Republic 1962 1 Jiao banknote, attributed by PMG as Pick# 877c and S/M# C284-30, with S/N 0199339, Block 460, Prefix 3 Blue Roman Numerals, and the without watermark variety. The note is graded PMG 70 EPQ, with the holder also stating Exceptional Paper Quality, a very high certified grade for a small-denomination People’s Republic issue.

The 1962 1 Jiao belongs to the People’s Republic of China paper money series issued during the planned-economy era, when low-denomination jiao notes were an everyday part of commerce. The face design reflects the social and productive themes common to mid-20th-century PRC currency, presenting agricultural and labor imagery rather than imperial, private banking, or regional motifs. The reverse displays the denomination with multilingual inscriptions, emphasizing the national scope of the People’s Bank of China’s currency system.

This certified example is especially attractive for registry and type collectors because it combines the desirable PMG 70 EPQ grade with a clearly identified Pick 877c no watermark attribution. The serial number 0199339 includes strong high-digit visual appeal with repeated 9s, adding an additional collector angle while remaining secondary to the certified grade and variety. A superb-quality piece for collectors of modern Chinese paper money, PRC jiao denominations, and high-grade certified world banknotes.