Watch List notes:

Banque Belge Pour L'Etranger, set of $5, $10 specimens and $50 colour trial specimen, Hankow, 1921, serial number 000000, olive, dark blue and orange respectively, steamship and sampans at centre, reverse bank coat of arms at centre, hole punch cancelled, overprinted 'SPECIMEN' in red,(Pick S124s, S125s, S126s), graded PMG 65EPQ, 63 (Toning) and 64EPQ respectively. (3).

Estimate: $30,000.00 - $50,000.00