Watch List notes:

Tan Hua Loong Chong, $10, specimen, Swatow, 1914, vertical format, blue and orange, contemporary mansion at upper centre, Chinese folklore figures within borders, reverse red-brown and black, young family sitting on bench outside houses at centre,PMG 45 Choice Extremely Fine (Selvedge Included, Previously Mounted)..

Estimate: 2500 - 5000