Watch List notes:

Treasury Biglietti di Stato, 10 lire, 1883, serial number 60 008043, black text, blue on pink underprint, King Umberto I at left, value at right, reverse King Umberto I at left, value at right Dell'Ara and Crodara signature variety(Pick 19, Gavello 15), numerous pinholes, about fine and very rare.

Estimate: £350.00 - £550.00