Watch List notes:

Pei Yang Tientsin Bank, $1, ND(1910), remainder, serial number 172052, brown, black and multicolour, Li Hong Zhang at lower right, Bank building at lower left, reverse in similar colours, black Chinese text,(Pick S2526r), PMG 55 About Uncirculated. A very popular series. Dr. Werner Burger Collection..

Estimate: 20000 - 40000