Watch List notes:

BANKNOTES, CHINA Empire. Imperial Bank of China. Shanghai. Tael, 1898. (Pick A46a; S/M C293-2a). In PMG holder graded Fine-12 Net, Splits, Rust, a major deep crease in the middle with some splits and a lot of Chinese ink inscriptions.
The Imperial currencies are always rare and highly sought after due to the sufficient circulation, and the Shanghai notes are even rarer since the highly developed economy caused even more circulation then other areas.

Estimate: $ 1,200