Watch List notes:

American-Oriental Banking Corporation, 1924 "Tientsin Branch" Issue Proof Banknote.Tientsin, China. 1924. $5. P-S105p. (S/M #S127-). Proof banknote. Black on light purple and m/c underprint with steamship vignette, back orange. Printed on india paper on large thin card, Gem to Superb Gem Uncirculated, Rare banknote in any condition. ABNC.

Estimate: 7500 - 15000 HKD