Watch List notes:

Bank of Territorial Development, 1914 Kiangsu Branch Issue. China, $10, P568e, S/M#C165-7c, Issued banknote, black on red border on yellow underprint, road building at center, S/N S0012965, Superb choice VF with sharp corners, bright colors, large even margins and exceptional paper quality and only slight internal folds keeps this note from XF-AU, Scarce note in high grade. BEPP

Estimate: 2000 - 5000