Watch List notes:

(t) CHINA--EMPIRE. Board of Revenue. 10 Taels, 1855 (Yr. 5). P-A12c. S/M#176-23. PMG Very Fine 25.
Serial number 24316, re-issued in 1856 in Chihli Province. Vertical format, blue woodblock printing on white paper, various red hands stamps. A rare large size Qing note in well above average condition. A neat and attractive example. PMG comments "Spindle Holes at Issue."

Estimate: $4500 - $8000