Watch List notes:

Banco de Portugal, 5 and 10 escudos, 13 January 1925, serial numbers 1ZG 17451 and 1DT 07935, first black on tan and blue, D'Alvaro vaz D'Almada at centre, second black on red and orange, Eca de Queiroz at right, Monastery in Lisbon at left, both with arms on reverse(Pick 133, 134), both strong, fresh and original, very fine and lovely Waterlow engravings (2).

Estimate: £400 - £500