Watch List notes:

Pei Yang Tientsin Bank, $100, remainder, no date (1910), without serial number, red and multicolour, Li Hong Zhang at lower right, bank building at lower left, stylised facing dragons and fireball at upper centre, reverse green and red, black Chinese and Manchu text,(Pick S2530r), PMG 53 About Uncirculated, a very rare high denomination note and a truly superb note. The only note graded in the PMG population report.

Estimate: $650,000.00 - $1,300,000.00