Watch List notes:

Chartered Bank of India, Australia & China, Hong Kong, $5, 1 September 1927, serial number M/A 723068, blue on red, water scenes at left and right, one handsigned signature, reverse, red, bank headquarter at centre,(Pick 48), PMG 12 Fine (restoration, rust). Rare in any grade and popular type.

Estimate: 18000 - 30000