Watch List notes:

De Nederlandsche Bank, 20 gulden, 1926, serial number CL 044493, black on green, sailor at low left, 25 gulden, 1928, serial number GC 065287, blue, 25 gulden, 1929, serial number HZ 051620, red on tan underprint, both with mercury seated at in panel left, sailing ship in panel at right, William of Orange at top centre, reverse brown, bank building at centre(Pick 44, 45, 46), very fine (3).

Estimate: £500 - £600