Watch List notes:

Bank of Communications, 1912 "Yingkow" Issue.China, 100 Cents, P-103c, S/M#C126-, Issued banknote Sailing ships, building and locomotive on face, back brown, S/N 1131083*, Choice VF with handling on top margin, toning and light wear on the top right corner, extremely rare note in any condition and rarely found this nice, Unpriced above Good condition.

Estimate: 7000 - 14000 HKD