Watch List notes:

Banque Belge Pour L'Etranger, set of $5, $10 and $50 specimens, Shanghai, 1921, serial number 000000, red, green and violet respectively, steamship and sampans at centre, reverse bank coat of arms at centre, hole punch cancelled, overprinted 'SPECIMEN' in red,(Pick S136s, S137s, S138s), graded PMG 63EPQ, 64 and 63 respectively. (3).

Estimate: $30,000.00 - $50,000.00