Watch List notes:

Chartered Bank of India, Australia & China, Hong Kong, $500, 6 August 1947, serial number Z/N 026070, brown on multicolour underprint, bust of man at left, arms at centre, reverse junk boat and harbour scene,(Pick 59d), PMG 25 Very Fine (annotations). Scarce post war date. One of six example on PMG Census. Ex Spink 2013.

Estimate: 35000 - 50000