Watch List notes:

China, Chinese Government, Tientsin-Pukow Railway 1908 and 1910 (London Issues) 5% Loan 1938 Fractional Scrip certificates for one-third of a funding bond, £12-0-0, Hong Kong and Shanghai Banking Corporation, the reverses with details of the announcements in 'The Times' by the Chinese ambassador on February 25th 1936, March 30th 1936, and September 6th 1938, red (100) VF to GVF includes many consecutive issues

Estimate: 100-200 GBP