Watch List notes:

Brazil, Thesouro Nacional, 1 mil reis, no date (1921) estampa 13, series 34, serial 056464; Thesouro Nacional, 1 mil reis, no date (1923), estampa 25; series 25; serial 031914. Pick-8, 9. The 1921 note is choice AU with only a slight fold at upper right corner, while the 1923 issue is XF with three vertical folds and blue ink stain to right. ($150-225)