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Auction: CSS41 - The Numismatic Collectors' Series sale
Lot: 341

The Mercantile Bank of India, $50, colour trial, 1.7.1935, without serial numbers, blue on multicolour, classical male bust at left, watermark area at right, '50' at each corner, reverse in similar colours, Chinese stype house at centre, overprinted 'SPECIMEN WATERLOW & SONS LTD' in red on both sides,
(Pick 240acts), PMG 64 Choice Uncirculated. Of the highest rarity, only two notes graded in the PMG population report and this is the higher grade note.

Sold for
HK$220,000