Watch List notes:

Government of India, 5 rupees, Calcutta, 15 May 1884, serial number U/1 95831, black and white, value in green underprint at centre, Stephen Jacob signature low right(Razack-Jhunjhunwalla 2A.1.1.A.4), split and rejoined probably contemporarily, pencil annotation at right, staple holes at right otherwise a presentable fine and rare.

Estimate: £500 - £600