Watch List notes:

China, Chinese Government 1913 Reorganisation Gold Loan Bond for £20 Hong Kong and Shanghai Banking Corporation London issue, vignettes of Mercury and Chinese scenes, Fine with some folds, black and brown, with coupons. Imperial Chinese Government 5% Hukuang Railways Sinking Fund Gold Loan of 1911. Bond for £20, Banque De l'Indo-Chine in Paris issue, Green and black with some coupons, Fine with some folds

Estimate: 35-55 GBP