Watch List notes:

Macau - Portuguese Administration - Chan Tung Cheng Bank Ten Dollars 1934 issue, Obverse: Black on pink underprint, Reverse: Red: Government building in the centre, watermark The Hong Kong Printing Press, Pick S92r PMG 62 Uncirculated Stained on the original perforated sheet, the outer sheet with the usual staple holes in the corners, an unusual issue and scarce thus (catalogues at $1350 in the Specialised Pick catalogue)

Estimate: 200-500 GBP