Watch List notes:

Republic dos Estados Unidos do Brazil De Larue Specimen Note. 1954-1961. 50 Cruzeros Estampa 2A, ND (1954-61) P-161s, purple border on multicolor underprint, Princesa Isabel, "SPECIMEN No. 15" near the bottom, PMG Graded Gem Uncirculated 66 EPQ. Highest graded of two reported.

Estimate: 120 - 240