Watch List notes:

Commercial Bank of China, 1920 "Dollar Issue" Specimen Banknote.Shanghai, China. 1920, $50, P-7s (S/M #293-46), Specimen banknote, Worthy standing at center, Blue on m/c, back orange, Red specimen overprint, POC and "000000" serial numbers. Choice to Gem Uncirculated. Extremely rare note in any condition and rarely seen in auction. ABNC.

Estimate: 15000 - 30000 HKD