Watch List notes:

CHINA--MISCELLANEOUS. Lot of (7). Mixed Banks. Mixed Denominations, 1926-38. P-Unlisted. Private Issues. PMG Very Fine 20 to Choice About Uncirculated 58 EPQ.
PMG comments "Paper Pulls" on Yung Tai, S/N 18 in Very Fine 20. PMG comments "Stains" on Shang Hui Tan Pao, S/N 01650 in Extremely Fine 40.

Estimate: $800 - $1200