Watch List notes:

Bank of China, 1912 "Yunnan" Branch Issue.Yunnan, China, 1912, $1, P-25s S/M#C294-30r, Issued banknote, Emperor Huang-ti at left, green on m/c, back green, PCGS graded Very Fine 25, S/N X788218, Amazing note rarely seen at auction. (ex.Ruth Hill Collection).

Estimate: 13000 - 20000 HKD