Watch List notes:

CHINA, Zhōnghuá Mínguó (Republic of China). General issues. 1912-1949. AR 2 Jiǎo – 20 Cents (23mm, 5.39 g, 12h). Tiānjīn Central mint. Dated year 15 of the Republic (AD 1926). Dragon and phoenix atop symbol of longevity / Denomination in wreath. L&M 82; Kann 681; KM (Y) 335. Toned. VF.