Watch List notes:

International Banking Corporation, 1905 "Shanghai" Branch Issue. International Banking Corporation, 1905 "Shanghai" Branch Issue.Shanghai, China. 1905. $10, P-S420a (S/M#M10-3). Issued banknote, Signature Type 2, the face is Brown on m/c with eagle on building flanked by globes, back dark orange. S/N 169215, Choice VF with crisp firm paper, bright colors and sharp corners and one light horizontal fold from XF, exceptional paper quality only enhances this lovely note usually found in lower grade issued, rarely found this nice and the first of 3 sequential high grade notes, From the "Cuba Collection", ABNC.

Estimate: 3100-6200 HKD