Watch List notes:

Bank of Taiwan, January, 1955 Photographic Proofs of Proposed Banknote Series by Security BNC. Bank of Taiwan, January, 1955 Photographic Proofs of Proposed Banknote Series by Security BNC.Taiwan, Lot of 3 Photo Proofs by SBNC for proposed 1955 issue for 1; 5 and 10 Yuan notes, photographs were taken of a mockup of the fronts and backs, cut down to banknote size and stapled together as a proposed note for evaluation. P-Unlisted. The notes have SYS on top face, back has bank building with denominations over map of Taiwan. All have production information on the top margins including production date of 1-25-(19)55, the 10 Yuan note has lightly drawn borders around the portrait of SYS in pink, needs additional research. Rare Bank of Taiwan production material of proposed but never issued banknote series, XF condition. SBNC

Estimate: 3900-7800 HKD