Watch List notes:

(x) Government of the Straits Settlements, $10, 1 January 1925, serial number C/5 15651, purple on green and tan underprint, arms at top centre, huts and palm trees with two boats at low centre, value at centre and corners, reverse purple, bullock cart at centre(Pick 11a, TBB B120a), first date for type, in PMG holder 30, very fine, with minor edge restorations, ex Ruth Hill, very rare.

Estimate: £4,000.00 - £5,000.00