Watch List notes:

Federal Reserve Bank of China, 1938 Second Issue. China, $5, P-J56, S/M#C286-13, Issued banknote, Orange, Portrait of Yueh Fei at left, Dragon at top right and horse patrol at bottom right, back orange, Fine to Choice Fine condition, S/N B0474502, Rare note in any condition and first time offered by our firm.

Estimate: 6000 - 12000