Watch List notes:

Federal Biglietti Gia Consorziale, 20 lire, L. 1874, serial number 60 2539, black text on blue and orange underprint, coat of arms at top centre, ornate floral border, cherubs at low centre, reverse black crowned Italia at centre(Pick 6, Gavello 6), pinholes, about extremely fine and scarce, a nice example.

Estimate: £450.00 - £550.00