Watch List notes:

International Banking Corporation, 1905 "Shanghai" Issue Specimen Banknote. Shanghai, China, 1905, $10, P-S420s (S/M#M10-3), Specimen banknote, Brown on m/c face, Eagle on building flanked by 2 globes, back orange, Specimen overprints, "00000" serial numbers and POC's, Two printed signatures. Choice to Gem Uncirculated condition. ABNC.

Estimate: 6000 - 12000