Watch List notes:

Bank of Bai Hai, a group of 3 notes, consists of 100 Yuan, 1946, Shantung and 200 Yuan, 1944, Pohai, serial numbers AD703318 and AA962564, blue and red respectively, 500 Yuan, 1947, Shantung, serial number DM025121, dark blue on yellow underprint, road scene at left, reverse brown, (Pick S3608, S3573d), (Pick S3620b), PCGS Gold Shield 6 Good-30 Very Fine (2)PCGS Gold Shield 12 Fine.

Estimate: 1200 - 1500