International Banking Corporation, $100 specimen, Shanghai, 1.1.1905, serial number 000000, blue and multicolour, perched eagle between two globes at left, value at right and at four corners, red 'SPECIMEN' overprint at right value, reverse blue, perched eagle between two globes, punch hole cancelled,(Pick S422s), PMG 66EPQ Gem Uncirculated. One of the four highest graded notes in the PMG Population Report..
Estimate: $25,000.00 - $35,000.00