Watch List notes:

Tan Hua Loong Chong, $5, specimen, Swatow, 1914, vertical format, brown and green, contemporary mansion at upper centre, Chinese folklore figures within borders, reverse green and black, young family sitting on bench outside houses at centre,PMG 45 Choice Extremely Fine (Selvedge Included, Previously Mounted)..

Estimate: 2500 - 5000