Watch List notes:

(x) Government of the Straits Settlements, $1, 1 September 1927, serial number M/10 48977, red on purple underprint, arms at top centre palm trees and stilt huts at low left and right, reverse red, shoreline with palm trees and stilt huts(Pick 9a, TBB B118b), in PMG holder 50, about uncirculated, rare in this grade, original and fully embossed.

Estimate: £1,200.00 - £1,600.00