Watch List notes:

Chinese Government 5% Reorganization Gold Loan of 1913, £100.China, 1913, £100 Pounds Sterling, Issued and uncancelled, 43 coupons attached, Black on blue border and underprint with allegorical Mercury sitting on power generator with ships on top with rice harvesting on left and house on hill by shoreline on right, printed in English,, Russian, German and French. Issued by the Deutsche-Asiatische Bank. Fine+ to VF condition. Attractive and scarce bond. W&S.

Estimate: 2200 - 4500 HKD