Watch List notes:

El Banco de Honduras, 5 pesos, 1 October 1889, serial number 20823, black on yellow and orange underprint, Steer's head at left, arms at left flanked by values, values in each corner, reverse red, guilloche pattern, bank title at centre flanked by value, two partial purple handstamps at top and lower centre(Pick 22), original very fine, listed as rare in pick, a lovely example of a rare note.

Estimate: £400.00 - £600.00