Watch List notes:

The Hongkong and Shanghai Banking Corporation, $10, Tientsin, 1.6.1907, serial number 14527, orange and black, arms at right, boy with tablet seated at left, handsigned signature at lower left and right, reverse orange, bank building at centre, annotations on reverse,PMG 15NET Choice Fine (Restoration (Previously Raised). An extremely rare type in any shape or form..

Estimate: 30000 - 50000