Watch List notes:

Federal Biglietti Gia Consorziale, 100 lire (2), L.1874, serial number 54 2630 and 5 4964, black text, blue and light brown underprint, coat of arms at top centre, ornate floral border, allegorical maiden at low centre, reverse blue and black, crowned Italia at centre(Pick 7, Gavello 7), both with pinholes, first with repairs and some of the design redrawn, second note large tear along central fold extending into design, repaired central hole, scarce and very attractive notes.

Estimate: £500.00 - £700.00