Watch List notes:

Bank of China, 1912 Issue Back Proof Banknote. Bank of China, 1912 Issue Back Proof Banknote.China, 1st June, 1912, $5, P-26 Unlisted back proof, printed on india paper on large margined thin card, dark brown with red "000000" serial numbers, Possibly from a small sample book since there is gilded gold margins on the top and bottom edge of the card, POC's, Gem Uncirculated. Rarely seen proof. ABNC.

Estimate: 3900-7800 HKD