Watch List notes:

Banco Nacional Ultramarino, Timor, specimen 1 pataca, 8 March 1945, no serial numbers, black and red, steam ship at left, value at centre and corners, red ESPECIME handstamp and two cancellation holes(Pick 15s), red ink annotation at top left, about uncirculated and very scarce.

Estimate: £500.00 - £700.00