Watch List notes:

Banca d'Italia, 100 lire, 22 January 1919, serial number A263-5055, brown on pink, allegorical figures around, red Arethusa seal low centre, Conovai and Sacchi signatures, reverse brown, maiden and cherubs(Pick 39e, Gavello 177), pinholes at left, pressed fine, scarcer signature variety, a presentable example.

Estimate: £250.00 - £350.00