Watch List notes:

BANKNOTES, 紙鈔, CHINA - REPUBLIC, GENERAL ISSUES, 中國 - 民國中央發行, National Commercial Bank Ltd 浙江興業銀行: Specimen 10-Yuan, 1 October 1923, without place name, blue serial no.000000, old man in turban at centre, red "SPECIMEN" overprints, Rev large cockerel at left, punch-hole cancellations at the signature panels (P 519s; S/M C22-3). About uncirculated with original paper, light vertical fold in right margin, scarce.

Estimate: US$2,000-3,000