Watch List notes:

BANKNOTES, 紙鈔, CHINA - FOREIGN BANKS, 中國 - 外國銀行, Netherlands Trading Society 上海和蘭銀行: Specimen $5, ND (1909), Shanghai 上海, vignette of medieval oriental warrior at centre, FIVE DOLLARS to each side, bridge below, without serial number or signatures, perforated "SPECIMEN" lower right, printer: Bradbury, Wilkinson & Co (see P S458). In PMG holder graded About Uncirculated 55, scarce.

Estimate: US$6,000-8,000