Watch List notes:

Chinese Imperial Railway, Canton-Kowloon Railway, 5% Gold Loan of 1907 Uncancelled Bond. Chinese Imperial Railway, Canton-Kowloon Railway, 5% Gold Loan of 1907 Uncancelled Bond.China, 1907, £100, black on red border, VF condition but taped to frame that could possibly be soaked, 18 coupons attached. W&S

Estimate: 600-1200 HKD