Watch List notes:

Banco Maua & Cia, Montevideo, 20 centismos, 50 centismos and 1 peso fuerte, 2 January 1863, first black and green on pink paper, second black and red on yellow paper, last black and red on pink paper. (Pick S261, S262, S263), all original, first two very fine, last fine, scarce (3)

($600-800)