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Auction: 17035 - The Bruce Smart Collection of British Commonwealth - Part Two
Lot: 412

(x) Hong Kong & Shanghai Banking Corporation, $1, 1 January 1923, serial number A438836, black on blue and orange underprint, arms at low right, helmeted female head at left
(Pick 171), a slightly scarcer earlier date, in PMG holder 45, choice extremely fine

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Estimate
£500 to £700