Watch List notes:

Yokohama Specie Bank, 1 gold yen, Dairen, 1913, serial number A 457717, black on multicolour, bank building at right,(Pick S645), PMG 25 Very Fine and a nice original looking note. The second highest grade in the PMG population report of this elusive issue. Scarce.

Estimate: HK$7,000 - HK$10,000