Bond of 10 yuan. brown, yellow, red, black. No 20689. Several pin-holes in the border and two repaired tears where the coupons start. Issued to pay the employee wages. Peiping is an old name of Peking/Beijing. Indeed, when the Kuomintang made Nanking the country's capital in 1928, they renamed the old capital Peiping. Many people in Taiwan continued to use this name for Peking until the 1960s.
Startprice: € 30