1960 China 5 Yuan P-876b, Used World Banknote

The 1960 China 5 Yuan note, identified as P-876b in the Pick catalog, is a post-revolution currency issued by the People's Republic of China. Here are some details specific to this note:

### Key Features of the 1960 China 5 Yuan Note (P-876b):

1. **Date of Issue:** 1960.
   - This note was issued during the early years of the People's Republic of China under the leadership of Mao Zedong.

2. **Issuer:** People's Bank of China.
   - This is the central bank of China, responsible for issuing the national currency.

3. **Design Elements:**
   - **Obverse:** 
     - Typically features prominent imagery reflecting the values of the era, such as workers, farmers, or industrial scenes symbolizing the socialist state.
   - **Reverse:** 
     - Often includes scenic or cultural images representative of China.
   - The design might also include traditional Chinese elements such as borders or symbols.

4. **Condition - Circulated:**
   - **Wear and Tear:** As a circulated note, it will have visible signs of use, including possible creases, stains, or slight tears.
   - **Paper Quality:** The paper may have lost some of its original crispness and could show signs of softening due to handling.
   - **Color Fading:** Colors and details might be less vibrant compared to an uncirculated note.

5. **Rarity and Collectibility:**
   - **Historical Significance:** While this note is not as old as pre-WWII currency, it is still historically significant as it reflects the early years of the PRC and its economic history.
   - **Rarity:** The note's rarity can vary, but circulated notes are generally less rare than uncirculated ones, which can affect their value.
   - **Collector Interest:** Collectors might be interested in this note as part of a collection of PRC-era banknotes.

6. **Valuation:**
   - **Decreased Value:** Like other circulated notes, its value will be lower than that of an uncirculated note. The degree of circulation (e.g., whether it's lightly or heavily circulated) can significantly impact its worth.
   - **Market Demand:** The value can fluctuate based on current market conditions and collector demand.

If you're looking to sell, purchase, or simply appraise this note, comparing it to recent sales of similar notes or consulting with a currency expert would provide more accurate valuation. The specific condition of the note, including any unique characteristics or flaws, will be crucial in determining its final value.