Watch List notes:

Hyderabad, Government Issue, 100 rupees, FE 1331 (1920), serial number PS 70291, blue on pale lilac, no signature, arms top left and right, reverse blue print, guilloche pattern, value at centre and each corner(Pick S266), 'sea salvage' notes from the sinking of the SS Egypt in 1922, slightly toned paper, about extremely fine and very scarce.

Estimate: £700 - £900