Watch List notes:

The Oriental Bank, Hong Kong, proof for $20, ca.1840s, Victoria, "Series 2", black and white printed on card paper, lion at right and unicorn at left supporting arms at upper centre, 'TWENTY' with 'VICTORIA' and 'HONG KONG' at upper left and right, bank title and denomination in Chinese within borders, printed by Batho & Co, London,(KNB-8), PMG 63, paper pulls, minor stains. An extremely rare early proof from Hong Kong..

Estimate: HK$150,000.00 - HK$250,000.00