Watch List notes:

Hong Kong and Shanghai Banking Corporation, $5, 1 July 1916, serial number A 525359, Bank arms and value at centre, water carrier, sedan chair and street scene at left, junk (ship) at right, manuscript signature low left, printed signature of Stabb low right, reverse, bank building at centre, value at left and right, (Pick 166, Ma H8, Cribb 2.45, KNB54a-c), in PMG holder 10 Very Good, Waterlow and Sons printing, rare.

Estimate: £2000 - £3000