Watch List notes:

Yokohama Specie Bank, 5 Dollars, 1.4.1937, Tientsin, serial number 365074, overprinted on Tsingtau issue of 1915, purple on light blue underprint, reverse orange and black, punch cancelled specimen, (Pick S737s), PMG 64 Choice Uncirculated.

Estimate: 50000 - 80000