Watch List notes:

BANKNOTES, 紙鈔, CHINA - PRIVATE BANKS, 中國 - 私人銀行, Wan I-Chuan Bank 萬義川銀號: 5-Yuan, Guang Xu reign, c.1905, Tientsin 天津, remainder (S/M W13-12r). In PMG holder graded About Uncirculated 55.

Estimate: US$400-500