Watch List notes:

Banca Romana, 50 centesimi, 1872, serial number S/0307-06991, black on pink underprint, Italia at right, 1 lira, 1872, serial number S/0082 00273, black on brown underprint, both with ornate border, Italia in frame at left, value at centre(Pick 791, 792, Gavello 104-106), first good very fine, second paper toned otherwise very fine (2).

Estimate: £220.00 - £300.00