Watch List notes:

BANKNOTES. CHINA - REPUBLIC, GENERAL ISSUES. Chung Hwa Republic: $100 (Gold), ND (c.1896), serial no.2094, pre-Republic fund raising issue, signed by Sun Yat-Sen and Li Kung-Hsia, the latter as Treasurer of the Chinese Revolutionary Army Commissionary Bureau (S/M unlisted). Choice about uncirculated.

Estimate: US$10,000-12,000