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1953 Chinese 1 Fen banknote is an uncirculated piece graded 65 EPQ Summary of Current Value For a note that is PMG 65 EPQ (Pick# 860c, featuring only two Roman numerals and no serial number) the current market value consistently falls between $19 and $34. Grade (65 EPQ): A grade of 65 designates it as Gem Uncirculated, meaning it has high original centering and no evidence of handling [PMG Label]. Roman Numerals: This note belongs to "Block 19" and features the Roman numerals I IX (1 and 9) [PMG Label].