Watch List notes:

Tung Pei Bank of China, 1948 Issue. Tung Pei Bank of China, 1948 Issue.China, 1000 Yuan, P-S3758, S/M#T213-52.5, Issued banknote, workers on right, back with building, Choice AU to Unc. Attractive note that is scarce in high grade.

Estimate: 1600-3100 HKD