Watch List notes:

Imperio do Brasil, 500 mil reis (5), 1880, estampa 2, first with single serial number 75082, others with two serial numbers, black on red underprint, Dom Pedro II at centre, allegorical women at left and right. (Pick A243a, A243b, Seppa BR151), first fresh and original good very fine, others very good to fine, scarce (5)

($500-700)