Watch List notes:

El Banco Agricola Hipotecario, 25 peso (3), August 1917, January 1923 (2), black and pink, cattle at left, maiden in biga of lions at centre, farmer sowing at right, three printed signatures below, reverse red, laureate female head at centre, value at left and right. (Pick S103), generally fine to very fine (5)

($200-300)