Watch List notes:

(t) CHINA--EMPIRE. General Bank of Communications. 5 Dollars, 1909. P-A15a. Perforated Cancelled. PMG Choice Uncirculated 63.
Canton, serial number 046325. A nice and largely problem free example of this well collected cancelled Qing note. Superb paper quality and colours are observed.

Among the higher grades for this issue and scarce. PMG Comments "Cancelled, Spindle Hole, Minor Rust."

Estimate: $1400 - $2000