Watch List notes:

South Africa, 20 Rand, 1981, Pick# 121a, South African Reserve Bank, SL# Z/7-178695, UNC

Brown on multicolor underprint. Jan van Riebeek at left, building in underprint at center. Back: Three sailing ships at left center with arms at right. Watermark: Jan van Riebeek. 144 x 77m. Signature: G.P.C. dse Kock