Watch List notes:

Alle Welt: Portugal: rare early issue banknote 20 Escudos ND(1915-18) PROOF 115p, rarely seen on the market. The note has crisp original paper and bright colors, there are some folds at left side caused by former attachment to presentation book. On back at the same region glue residuals from this attachment and a small 8mm tear at lower border. Very attractive note and a great adition to any collection. Condition: VF+.