Watch List notes:

China, a pair of 2 bonds, consists of 50 pounds, Chinese Imperial Government Gold Loan 1896, and 2x 20 pounds, Imperial Chinese Government 5% Hukuang Railways Sinking Fund Gold Loan of 1911, serial numbers B 37871, 4374 and 16080, extremely fine, with coupons (3)..

Estimate: 1000 - 1500