Auction #15 - Archives International Sale of Banknotes and Coins

Ch'ing Dynasty, 1854 Issue. China (Year 4), 1854, 1500 Cash, P-A3a (S/M#T6-12), Issued, The usual Spindle hole on top margin, S/N 45?? Choice AU with an extremely light horizontal fold keeping this note from Uncirculated.
Estimate HK$ 6,000 - 12,000.