Watch List notes:

International Banking Corporation, 1905 Specimen "Shanghai" Branch Issue. International Banking Corporation, 1905 Specimen "Shanghai" Branch Issue.Shanghai Branch. 1905. $10, P-S420s (S/M#M10-3). Brown face and orange-red back. Specimen banknote. Red specimen overprints, "00000" serial numbers and POC's. 2 signatures. PMG graded Gem uncirculated 65 EPQ, Rare and lovely note in high grade. ABNC.

Estimate: 7000-14000 HKD