Watch List notes:

Malaya rubber coupons (16) all for Johore dated 1941, 10 katis (4), 25 katis (4), 1 picul (4) and 5 piculs (4), plus 1 coagulant units (4) two have been worm eaten and Syonen Shoken $1 (4), the 1 piculs and 5 piculs have heavy foxing and a few with pencilled annotations on reverse, overall EF to about UNC

Estimate: 80-100 GBP