Watch List notes:

(t) CHINA--EMPIRE. Imperial Chinese Railways. 5 Dollars, 1899. P-A60r. Remainder. PMG Very Fine 30.
Serial numbers 2471. Blue on yellow-orange, steam locomotive passing through Shan Hai Guan, reverse red, steam train on steel bridge, sailing sampans. Bright and vivid colours on clean crisp paper displaying full originality, especially on the reverse. May have been looted during the Boxer Rebellion.

Estimate: $1750 - $2400