Watch List notes:

Central Bank of China, $1, overprinted 'Guang Zhou Zhong Hang' (Guangzhou Main Office), Year 12(1923), serial number C376865, orange, Sun Yat Sen at centre, the four Chinese characters overprinted in black, reverse black,(Pick 172d), PMG 20 Very Fine (Minor Rust). Rare.

Estimate: 1500 - 3000