Watch List notes:

BANKNOTES, 紙鈔, CHINA - EMPIRE, GENERAL ISSUES, 中國 - 帝國中央發行,Commercial Bank of China 中國通商銀行: Specimen $50, 15 January 1920, Shanghai 上海, serial no.000000, red "SPECIMEN" overprint and punch-hole cancellation, printer: ABNC (P 7s). In PMG holder graded Gem Uncirculated 65 EPQ.

Estimate: US$800-1,000