An old Chinese banknote was sold for ¥2.35million (~$345,000 USD) at an action in Shanghai on Dec 20.
Nicknamed the “horse ranching pic” for its background image, the banknote was the first batch of Renminbi issued by the People’s Bank of China in 1951.
The banknote had a face value of 10000 when issued, but the currency was revalued shortly after and 10000 became ¥1 instead. Image via Artron [Cn], click pic for bigger size.