Watch List notes:

BANKNOTES, 紙鈔, CHINA - EMPIRE, GENERAL ISSUES, 中國 - 帝國中央發行,Bank of Communications 交通銀行: Yuan, 1 November 1927, Shanghai 上海, serial no.N248326S, blue and multi-coloured (P 145Ac). In PMG holder graded Extremely Fine 40.

Estimate: US$150-200