Watch List notes:

Bank of Communications, 1927 "Shantung" Issue Specimen. Bank of Communications, 1927 "Shantung" Issue Specimen.Shantung, China, 1927, 5 Yuan, P-146Cs, (S/M #C126-204), Specimen banknote, Purple on m/c with locomotive at center, back brown and m/c. Specimen overprints, "00000" serial numbers and POC's. PMG graded Choice Uncirculated 64. ABNC.

Estimate: 2300-4700 HKD