Watch List notes:

Banco Nacional, Uruguay, 20 pesos, 25 August 1887, serial number A019021, black on yellow and brown underprint, man at left, street scene at right, arms at top centre, SORIANO overprint and cancelled perforation, also 50 pesos, 25 August 1887, serial number A036580, black on orange and green underprint, man at left, church at centre, arms at right, SORIANO overprint and cancelled perforation. (Pick A94c, A95c), fine and good fine, scarce (2)

($200-250)