Watch List notes:

Hong Kong & Shanghai Banking Corporation, Shanghai Branch, 1900-23 Dollar Local Currency Issue. Hong Kong & Shanghai Banking Corporation, Shanghai Branch, 1900-23 Dollar Local Currency Issue.Shanghai, China. 1st September, 1923. $10. P-S358, S/M#Y13-41. Issued banknote. Light green on m/c. "TEN" undertint in middle, bank arms at top. S/N 439095, Choice VF condition with exceptional paper body, bright colors, large even margins sharp corners and a superior example for the grade with claims to XF status with only a little light handling keeping this exceptional note from a higher designation, attractive example of this scarce note. From the "Cuba Collection". BW&C.

Estimate: 7800-15500 HKD