Watch List notes:

Banco Nacional Ultramarino, Cape Verde, 4 centavos (3), 5 November 1914, serial numbers 0,358,127-8, 0358,158, teal on multicolour underprint, value at left, arms at right, steamship seal low centre, reverse purple on pink and yellow, allegorical women looking out at sailing ship(Pick 10), all with one hard central fold, very fine to about extremely fine (3).

Estimate: £150.00 - £200.00