Watch List notes:

Dacheng Cotton Co., ca.1920-30's Issue Private Banknote. Dacheng Cotton Co., ca.1920-30's Issue Private Banknote.Chihli Province, China, ND (ca.1920-30's), 10 cents, P-Unlisted, Private banknote, S/N 0003957, blue with red undertint with locomotive and steamship on left and right, back red with supporting lions with blue overprint "Kaocheng Shanghui", AU condition. Attractive note.

Estimate: 800-1600 HKD