B6001, China 5% Commodity-Indexed Government Bond (Loan), One Lot, 1950

B6001, China 5% Commodity-Indexed Government Bond (Loan), One Lot, 1950.

Please refer the picture, Only Good condition, circulated.

Issued in the beginning of P.R.China, during the huge currency inflation period. During that time, the currency is devaluated every day. So all of the item was priced as “Lot”. One lot is the average price of 6 Kilogram rice, 0.5 Kilogram Flour, 4 meters cloth and 16 Kilogram coal.

This kind of “Lot” bond is very scarce!! It can be circulated as money in the market at that time.