Watch List notes:

Banco de Portugal, 10 mill reis, 30 September 1910, serial number HL 12526, grey on pale yellow, allegorical figures representing the Arts in field, red Banco de Portugal seal at right, reverse green and pink, maiden in armour at left and right, black REPUBLICA low centre(Pick 108a), in PCGS holder 25, very fine and scarce.

Estimate: £200.00 - £250.00