Watch List notes:

Bank of Communications, 1941 Issue Banknote. Bank of Communications, 1941 Issue Banknote.China, 500 Yuan, P-163a, S/M#126-263, Issued banknote, blue on m/c, front with ship at dockside, back with locomotive under power lines, S/N 812248, Choice VF to XF with a very light vertical middle fold and light handling on the top margin, Bright colors, excellent centering, large margins and sharp corners enhance this attractive note. ABNC.

Estimate: 3900-7800 HKD