Watch List notes:

BANKNOTES, 紙鈔, REST OF THE WORLD, 其他國家, British West Africa, West African Currency Board: 20-Shillings, 27 May 1948, Lagos, serial no.4K 396581, black and red, Obv palm tree at centre, Rev Arabic script in black (P 8b). About very fine.

Estimate: US$80-120