Watch List notes:

The Hongkong and Shanghai Banking Corporation, $50, control number specimen B400001 to B550000, 1.1.1934, green on multicoloured underprint, Communication at left, arms top centre, value at centre and each corner, manuscript signatures at bottom, reverse green, bank building at centre, angel above, serial number at four corners,(Pick 175s), PMG 64 Choice Uncirculated (Printer's Annotations, Previously Mounted). A scarcer format and a lovely note.

Estimate: $35,000.00 - $50,000.00