Watch List notes:

CHINA, Republic. 1934. AR Yuan (26.88 gm; 39 mm). Central mint at Shanghai. Dated year 23 of the Republic (1934). Bust of Sun Yìxian (Sun Yat-sen) left / Junk under sail right on sea. LM 110; Kann 624; KM (Y) 345. Couple of minor marks otherwise well struck. Choice UNC.