Watch List notes:

China Bank of Communications (10) 10 yuan issued Tientsin 1927 series A090842T, Pick147Ca, Fine, 100 yuan issued 1942 series Q985779, train and ship, Pick165, edge dirt reverse, VF+, 25 yuan issued 1941 series D370168, Pick160a, Fine with a small ABNC original black & white print of the centre vignette showing a Zeppelin, ship, train etc. 5 yuan issued Shanghai 1927 series B015199S, Pick146B, Fine, 5 yuan issued Shantung 1927 series C118084L, Pick146Ca, about Fine, 5 yuan issued Tientsin 1927 series A340921T, Pick146D, ink marks, pressed Fine, obverse proof issued 1931, Specimen overprint in black & perforated in English and Chinese, serial number S000336A, uniface, mount marks reverse, Pick148s1 for type, about EF, obverse proof issued SHANTUNG 1927, Specimen overprint in black & perforated in English and Chinese, uniface with red overprint SPECIMEN No.1985 on reverse and some ink smudges, 2 punch holes, Pick145Bs for type, about UNC, reverse Specimen proof issued FENGTIEN 1927,uniface with overprint SPECIMEN No.1559 on the front side, 2 punch holes, Pick145s for type, faint stains, GEF, 50 yuan issued 1942 seriesM490815, steam train at left, Pick164a, edge wear, Fine

Estimate: 225-275 GBP