Watch List notes:

Banco de Portugal, 20 escudos, 13 January 1925, serial number 1SC 07959, red and pale green, the Marquis of Pombal at top centre, view of Commercio Square in Lisbon low centre, reverse red, arms at centre(Pick 135), faint central fold otherwise a fresh extremely fine thus rare.

Estimate: £800.00 - £1,000.00