Watch List notes:

(†) Government of Siam, specimen 20 baht, 1 April 1936, red serial number P/11 00000, green on pale pink-orange underprint, King Rama VIII as a boy at left, Garuda at top centre, lakeside village at centre, value low left and top right, reverse, pagoda on island, value top left and right(Pick 29s, Smitasin 93s), ink date '5.7.37' in field and date '26.5.37' low right margin, perforated CANCELLED, uncirculated and rare. Subject to 20% VAT on both Hammer Price and Buyer's Premium. For more information please view Terms and Conditions for Buyers.

Estimate: £2,500.00 - £3,500.00