Watch List notes:

Pei Yang Silver Currency Bureau, 500 cash, Guangxu Year 31 (1905), 'Zhi' prefix number 537, vertical format, blue on yellow, facing dragons and fireball at upper centre, the reverse shows red Chinese script,(Pick S2531), PMG 55, About Uncirculated. Well preserved. Extremely rare and one of 6 notes in the PMG population report..

Estimate: $70,000.00 - $100,000.00