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 170966 Choice VF and one of the nicer examples in the Cuba Collection, with crisp firm paper, bright colors, sharp corners with one very light horizontal fold from XF and appears as a nice AU, exceptional paper quality only enhances this lovely note usually found in lower grade issued, rarely found this nice, From the "Cuba Collection", ABNC.

Estimate: 3900-7800 HKD