Watch List notes:

BANKNOTES, 紙鈔, CHINA - PUPPET BANKS, 中國 - 日偽傀儡銀行, Central Reserve Bank of China中央儲備銀行: 5-Yuan, 1940, serial no.Y/I 331975F, stamped "鹽" at right (P J10a). In CMC holder graded About Unc 50.

Estimate: US$300-350