Watch List notes:

Hong Kong and Shanghai Banking Corporation, $10, 1 January 1938, serial number K 048972, blue-green and pink, Ceres top left, arms top right centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse blue-green, serial number at each corner, bank building at centre, an angel above, (Pick 178a, Ma H14, Cribb 2.50), a respectable good fine, original.

Estimate: £150 - £200