Watch List notes:

(†) Banco de Portugal, specimen 50 escudos, 18 November 1925, Ch 2, serial number 1 GL 00001-1GL 20000, blue and pale orange and lilac, Victory at left, arms top centre, cherub low right, OURO in field low right, reverse purple and green, maiden and lions low right, value in field(Pick 128s), ink date '2.11.26', perforated CANCELLED, uncirculated and rare especially in this grade. Subject to 20% VAT on both Hammer Price and Buyer's Premium. For more information please view Terms and Conditions for Buyers.

Estimate: £1,500.00 - £2,500.00