Watch List notes:

Bank of Bai Hai, a group of 3 notes, consists of 500 and 1000 Yuan, 1948, Shantung, serial numbers B4113780 and J3949626, brown and blue respectively, reverse green, 1 Yuan, 1946, Shantung, red, rural scene at right, (Pick S3622, S3623A), (Pick S3599A), PCGS Gold Shield 20 Details (Worm Bite, Writing in Ink)-20 Very Fine (2) PCGS Gold Shield 30 Details (Minor Missing Part) (2).

Estimate: 800 - 1000