Watch List notes:

HongKong & Shanghai Banking Corporation, DURESS NOTE $50, 1 January 1934, serial number B433,362, green, allegorical woman at left, one handsigned signature, reverse HSBC building,(Pick 175d), PMG 58 EPQ Choice About Unc, scarce high grade striking example, with only less than 10 in a higher grade on PMG Census..

Estimate: 45000 - 65000