Watch List notes:

Bank of Communications, 50 Yuan specimen, 1913, serial number 00000, blue, brown and multicolour, steam train at centre, 'SPECIMEN' printed in red at lower centre, reverse brown, Maritime Customs Building at centre, punch hole cancelled,(Pick 111Bs), PMG 63EPQ Choice Uncirculated (Note Unaffected by Issues in Selvage), with paper selvage at bottom and right.

Estimate: $20,000.00 - $30,000.00