Watch List notes:

Bank of China, 1912 "Kweichow" Branch Issue. Bank of China, 1912 "Kweichow" Branch Issue.Kweichow, China, $1, P-25k2, S/M#C294-?, Issued banknote, Emperor Huang-Ti at left, hillside village at right, back green with Kweichow printed on border at bottom. PMG graded Choice Fine 15 NET with note of staining, Exceptional note missing from most advanced collections and sure to attract serious attention. ABNC. Population "1" in the PMG census.

Estimate: 11600-23300 HKD