Watch List notes:

BANKNOTES. CHINA - FOREIGN BANKS. Hongkong & Shanghai Banking Corporation: Specimen $10, 1 January 1920, Tientsin, punch-hole cancellation and red “SPECIMEN” overprint, printer: Waterloo & Sons Ltd (P S383). Staple holes in upper left corner, otherwise uncirculated.

Estimate: US$1,500-2,000