Watch List notes:

Imperial Chinese Government 1908 5% Gold Loan, Qing Dynasty, China, 20 pounds bond, for the Peking-Hankow Railway, number B062114, vertical format, green guilloché borders, green and yellow underprint, Peking Imperial Palace under title, French and English text, one large seal signature at bottom, countersigned by La Banque de L'Indo-Chine, without coupons, stamped 'paid 17 Apr. 1939', rough edges where coupons removed, otherwise extremely fine.

Estimate: 1000 - 1800