Watch List notes:

BANKNOTES. CHINA - REPUBLIC, GENERAL ISSUES. Bank of China: Uniface Obverse and Reverse Proof $5, 1 June 1912, Obv black, Emperor Huang Ti at left, gazebo at right, Rev brownish-black, village scene at centre, punch-hole cancelled and mounted on light parchment, ABNC Archive Proofs (P 26t). Uncirculated.
(2pcs)

Estimate: US$600-800