Watch List notes:

Bank of Montreal Color Proof Pairing. 1931. Montreal, Canada. 1) $5, black on olive green, color Proof, S553, India paper mounted on card, large green V, Dodds and Gordon portraits, bank crest below, CBNC, the note is Choice to Gem Uncirculated, the card has a fold in the upper right corner (not impacting the note). 2) $10, black on olive green, color Proof, S554, India paper mounted on card, Dodds and Gordon portraits, bank crest below, CBNC, the note is Choice to Gem Uncirculated. [2]

Estimate: 300 - 600