Watch List notes:

Imperio do Brazil Issued Notes. 1874. 1) 500 Reis, ND (Estampa 1, 1874), A242, black on orange, Dom Pedro II, arms, Brazil. left, VG with thin spots and stains. 2) 500 Reis, ND (Estampa 2, 1874), A243, black on orange-brown, Dom Pedro II flanked by reclining women, VG with repaired splits and a small body hole.

Estimate: 90 - 180