Japanese Occupation of Tsingtao (Kiau-chau): 1914 10 Sen. Most notes redeemed. Small glue mark on back, heavy fold, F/gF. P-M7b, B201, JNDA 13-13. Total of 11,812,197 Yen issued while 11,650,241 Yen redeemed by 1929, much fewer survived after war. Very rare. (P) Estimate A$1500
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