Watch List notes:

Ningpo Commercial Bank, 1921 Specimen Banknote. Ningpo Commercial Bank, 1921 Specimen Banknote.$1, P-545s (S/M#S107-20), Specimen, Red with bank building in middle, back green, PMG graded Choice About Uncirculated 58 EPQ, but appears CU. Scarce as specimen and in high grade. Printer: BEPP

Estimate: 3100-6200 HKD