Watch List notes:

BANKNOTES, CHINA Empire. Imperial Chinese Railways. 5-Dollars, 1899 (Pick A60; S/M S13-2). In PMG holder graded Choice Fine-15 Net, Repaired, Rust, Corners Missing, tape repairing on the reverse with some splits along the creases. Very historic and rarely seen in high grade
These notes were issued by the Railway Bureau of Imperial China, and were circulated in the construction sites and towns along the railway. However, due to the war against the boxers and the railway being occupied by western forces, the circulation of these notes stopped..

Estimate: $ 1,300