Watch List notes:

BANKNOTES, 紙鈔, CHINA - HONG KONG, 中國 - 香港, Hongkong & Shanghai Banking Corporation 香港上海匯豐銀行: $10, 1 April 1948, serial no. FH109987, green and pink, watermark: Warrior's Head (Ma H14a; P 178d). In PMG holder graded Gem Uncirculated 65 EPQ.

Estimate: US$450-550