Watch List notes:

(t) CHINA--FOREIGN BANKS. HK & Shanghai Banking Corp. 5 Dollars, 1923. P-S353. PMG Choice Extremely Fine 45.
(S/M#Y13-40). Shanghai. Although one of the more available designs for these large format early 1900's HSBC types, they are still scarce in attractive mid-grades like this offering.

Estimate: $1250 - $2250