Watch List notes:

Pei Yang Tientsin Bank, $50, remainder, no date (1910), without serial number, green and multicolour, Li Hong Zhang at lower right, bank building at lower left, stylised facing dragons and fireball at upper centre, reverse orange and blue, black Chinese and Manchu text,(Pick S2529Ar), PMG 55 About Uncirculated, a very rare high denomination note and a truly superb note. The only note graded in the PMG population report.

Estimate: $600,000.00 - $1,200,000.00