Watch List notes:

National Bank of China, 1921 Issue - Possible Unlisted Color. China, $1, Similar to P-514, S/M#C261-11, but it has black vignettes of SYS flanked by trees with green border and light green underprint instead of the listed black vignettes on blue border with pink underprint. The back is brown and light green with three men and farmer with oxen. S/N 00829, Choice Fine to almost VF with intact borders, no pin holes, firm paper quality, sharp corners, bright colors and only a small paper clip rust spot on the back right corner and 2 small areas of hinge remnants that could be removed on the front left and right. The first of 2 examples of this amazing note we are privileged to offer today. First time seen by the cataloger and offered by our company. This note is sure to attract considerable interest and will be a centerpiece of any advanced collection.

Estimate: 31000 - 62000