Watch List notes:

BANKNOTES. CHINA - REPUBLIC, GENERAL ISSUES. Bank of China: Specimen $50, 1 June 1913, serial no.00000, purple, Emperor Huang Ti at left, punch-hole cancellation and red “SPECIMEN” overprint, printer: ABNC (P 32As). In PMG holder graded Gem Uncirculated 66 EPQ.

Estimate: US$8,000-10,000