Watch List notes:

The Chartered Bank of India, Australia and China, $10, colour trial, Tientsin, 1.12.1930, contral number 549, blue and black on a yellowish underprint, bust of a young male Roman soldier at lower left, bank coat of arms at centre, 'TEN' in orange lower centre, reverse green, sailing sampan at centre, 'SPECIMEN WATERLOW & SONS LTD.' overprinted in red on both sides,(Pick S216s), PMG 63 Choice Uncirculated. Choice and rare!.

Estimate: 30000 - 50000