Watch List notes:

National Industrial Bank of China, 1931 Shanghai Issue Specimen.Shanghai, China, 1931, 10 Yuan, P-533s., (S/M #C291-12), Unlisted specimen banknote, Green on m/c, Running horse at center, back green with bank building, Appears Choice Uncirculated but the note was archivally folded for storage and there is a light horizontal bend on the lower margin, Scarce note, ABNC.

Estimate: 3200 - 6000 HKD