Watch List notes:

Hong Kong Printing Press, specimen, 1925, without denomination, issuer title or place of issue, vertical format, purple on light blue, ornate guilloche at upper centre, Chinese folk figures within borders, reverse dark blue, geometric guilloche and floral designs,almost uncirculated, previously mounted and stains. A rather late date of issue for these notes. Slightly unusual.

Estimate: 4000 - 8000