Watch List notes:

Hong Kong & Shanghai Banking Corporation, Shanghai Branch, 1900-23 Dollar Local Currency Issue.Shanghai, China, 1st March, 1923. $5. P-S353. Issued banknote. Blue on m/c. "Five" undertint in middle. Chop marks on back. VG condition with 2 small holes in body of note, attractive example of this relatively scarce note. BW&C.

Estimate: 400-800