Watch List notes:

(t) CHINA--REPUBLIC. Bank of Communications. 1 Choh (Chiao), ND (1914). P-113g. PMG Extremely Fine 40 EPQ.
Weihaiwei over Harbin, serial number C0257965. Black on orange and light green, reverse purple text on orange.

A fresh and handsome example of this small size fractional note. The note should be attributed to Pick 113g and so it is the only note in THIRD HIGHEST GRADE with three notes finer (2x 55-EPQ and 1x 64).

Estimate: $450 - $700