Watch List notes:

Republica dos Estados Unidos do Brazil, 1 mil reis, 1891, Estampa 7A, serial number 26415, black on green, Imperial Museum at left, right cherub holding at left, printed signatures in lower panel, 1 mil reis, 1919, Estampa 9A, serial number 59410, black on orange, Imperial Museum at left, right cherub holding at left, manuscript signature. (Pick 3b, 5a), very fine and fine (2)

($300-400)