Watch List notes:

Republic of China, lot of 2x Reorganisation Loans, 1926, Shantung Province, 10 yuan #D0616894 and 1927, Shanxi Province, 5 yuan #0502696,good very fine or so, the Shantung bond has a 2cm tear and a couple of edge nicks on the left border (2).

Estimate: $500.00 - $800.00