Watch List notes:

China & South Sea Bank Limited, Specimen Bill of Exchange Pair by Waterlow & Sons. Tientsin, China, ND (ca.1900-1920), Uncut specimen Bill of Exchange Pair, First and Second of Exchange, Red on light red underprint, Company arms on left, counterfoil attached, Back with red "SPECIMEN - Waterlow & Sons Limited", archival water soluble tape reinforced on back at perforations that could be removed if desired, appears Uncirculated from the front. Rare banking fiscal document specimen, W&S.

Estimate: 1000 - 2000