Watch List notes:

1910 Tientsin-Pukow Railway 5% £20 Bonds, a lot of 5 bonds, serial number 38760, 38766, 37893-5, large vertical format, Chinese text at right, English text at left, two large red seals at bottom, with coupons,minor edge foxing, almost uncirculated.(5).

Estimate: 1000 - 2000