China 1 Jiao 1962 Green Back , what do You think?

Its without watermark

I believe you have #877f.

Serial # prefix has red roman numerals without watermark. This variety is not a rare note nor does it carry a large premium. It is a nice note though none the less.

The rare note has a watermark: stars and is #877b

#877f variety of this note is not rare.

However, looking at yours again I believe in my rush and a small screen this morning I read the roman numerals in front of the serial incorrectly as only having 2. You have 3 roman numerals which should make this note 877a I think. My apologies for not seeing that earlier.

I see numerous raw (ungraded) 877a notes ranging in sold price from $61 TO $365. IS a note note to have in a collection