Watch List notes:

El Banco Central del Ecuador. 1938. Quito, Ecuador. 5 Sucres, like Pick 91, color Proof on India paper pasted on card used as a model with zero serial numbers and other correction pasted in place, time stamp on the back, and a sheet with corrections indicated attached to the card. ABNC internal papers relating to the note are included, along with an article by Barbar Mueller concerning the development of these notes. Choice to Gem Uncirculated.

Estimate: 150 - 300