Watch List notes:

China: The Central Bank of China, lot with 7 banknotes, series 1946 (1948) and 1948, comprising 10 Cents (P.395, UNC), 20 Cents SPECIMEN (P.395A, UNC), 20 Cents (P.396, UNC), 50 Cents (P.397, UNC), 50 Yuan (P.403, XF), 100 Yuan (P.406, XF) and 100 Yuan (P.407, aUNC). (7 pcs.)
[taxed under margin system]