Watch List notes:

Belize, The Government of Belize, Elizabeth II, specimen twenty dollars, undated (1974) colour trial, SPECIMEN OF NO VALUE in red top left margins front and back, SPECIMEN in red and two punch hole cancellation at signatures reserve, SPECIMEN in red on lower back, numbered 078 at top left on back (P.37s/ct). Uncirculated and very rare.

Estimate: 1000 AUD