Watch List notes:

Bank of China, 1912 "No Place Name" Specimen Banknote.China, $1, P-25s, S/M#C294-, Specimen banknote, Green on m/c, Emperor Huang-ti at left, hillside village at right, Large excess border at left, back green, Uncirculated to CU condition, ABNC, Scarce note rarely seen as specimen.

Estimate: 5500 - 11000 HKD