Watch List notes:

Banco de Portugal, Azores, 50 mil reis, Moeda Insulana, 30 January 1905, serial number 03517.S, grey and pink, galleons and Victory in field, male statue at left and right, red Bank seal at centre, signatures of de Vilhena and Bastos, reverse blue and pink, arms and value(Pick 14a, TBB BDB B12d), in WBG holder 12 FINE, rare.

Estimate: £1,000.00 - £1,200.00