Watch List notes:

National Commercial & Savings Bank Limited, China, obverse and reverse specimen for $50, Shanghai, 1924, zero serial numbers, green, Great Wall at centre,(Pick S455s1, 2), both PMG 64 Choice Uncirculated. Second highest denomination after the $100. With only 4 specimen examples graded and this is the only uniface pair. Very rare (2).

Estimate: 15000 - 25000