Watch List notes:

Kirin Yung Heng Bank, 3 tiao, 1911, Qu prefix, serial number indiscernible, vertical format, black, facing dragons and fireball at upper centre, ocean waves below, multiple red stamps, reverse brown, Chinese text,(Pick S970), good very fine, rubber marks from trying to remove pencil annotations at upper margin. None graded by PMG nor examples sold on Track and Price. Extremely rare.

Estimate: 10000 - 20000