Watch List notes:

Hong Kong and Shanghai Banking Corporation, specimen $5, 1 October 1927, without serial numbers, purple brown and multicoloured, maiden at right, arms at centre, value at centre and at each corner, signature of reverse purple-brown and multicoloured, bank building at centre, angel above, value at left and right, (Pick 173as, Ma H 9s, KNB 60as), red BRADBURY WILKINSON seal low centre, mounting traces, in PMG holder, previously mounted, 35 Choice Very Fine.

Estimate: £400 - £500