Watch List notes:

Mercantile Bank of India, 1941 Issue.Hong Kong, China, 29th November, 1941, $5. P-S235d, Issued Banknote, Olive green on m/c underprint, boats at center with buildings and tower behind, back dark red and black, 2 Serial Numbers on back, S/N 176515, Attractive note with large even margins, bright colors and sharp corners and good paper body, Only three graded in the PMG census. W&S.

Estimate: 5500 - 12000 HKD