Watch List notes:

Chihuahua, Mexico, Banco de Santa Eulalia, 25 centavos, 1875, series A. Frampton-M161a; SCWPM-S189a . Serial 50562, signed and printed signatures variety. Very early Banco issue and a scarcer variety. Good+ with a somewhat faded appearance, small holes, corner missing and 1" tear on top. (Estimate: $150 - 225)