Watch List notes:

Banco Nacional Ultramarino, Portuguese Guinea, a group of obverse and reverse die proofs from the ND (1945 or 1947) issue, comprising 50 escudos, red, 100 escudos, purple, 500 escudos, dark green, all with Joao Teixeira Pinto at left, sailing ship seal at right, arms at top centre, reverse woman seated on anchor, watching ships, at centre, text Pagavel na Colonia da Guine(Pick 37, 38, 39 for type), typed printers annotations in margins, some with paperclip indentation in top margin otherwise about uncirculated and very rare (6).

Estimate: £500 - £700