Watch List notes:

Bank of Communications, 1927 "Shanghai" Issue Specimen.Shanghai, China, 1927, 5 Yuan, P-S146Bs S/M#C126-203, Specimen Banknote, Olive brown on m/c, PMG Graded Gem Uncirculated 66 EPQ, Rare as specimen and also in extremely high grade. ABNC.

Estimate: 5500 - 11000 HKD