BRAZIL. Thesouro Nacional. 200 Mil Reis, ND (1925). P-81c. PMG About Uncirculated 55.
E.16A, Serie 51A. Estampa and serial number separated. Original paper is observed looking through the holder and just a centerfold is noticed for circulation. A minor stain at the right margin likely prevented an "EPQ," designation from PMG. PMG About Uncirculated 55.
Estimate: $500.00- $750.00