Watch List notes:

Bank of Communications, 1925 Issue Trio. Bank of Communications, 1925 Issue Trio.China, Lot of 3 names, All are 10 cents, P-138, S/M#C126- location varieties, Includes Shanghai, P-138b, Choice Fine to VF; Tsingtau, P-138c, Almost good to Good; and P-138 Unlisted Weihaiwei overprinted on illegible word but it looks like the word "CURRENCY". VG to Choice VG with small faults, still scarce.

Estimate: 1600-3100 HKD