Watch List notes:

Banco Italiano, Montevideo, 20 and 50 centismos, 2 January 1867, serial numbers 62082 and 70512, black on yellow and green respectively, both with boy and livestock at top centre, first with signature, second without visible signature. (Pick S201, S202), first with several repaired areas, but with original paper, very good, second with a few smaller repairs, also very good, both rare (2)

($600-800)