Watch List notes:

National Bank of Egypt, 50 piastres, 1 January 1899, serial number A/1 028419, black on red and green underprint, Sphinx at centre, value at centre, and each corner, Sir Elwin Palmer signature, reverse green, value at left and right(Pick 1a, Hanafy M1.1), a newly discovered example of the much scarcer Palmer signature (now only 9 known), and one of the best we have ever seen, in PCGS holder 20, very fine, with some very small edge splits and a minor ink stamp on reverse, overall very presentable and a crowing piece for any collection.

Estimate: £10,000.00 - £15,000.00