Watch List notes:

Banco Nacional Ultramarino, Timor, an obverse and reverse die proof for a 500 escudos, black and white and an obverse and reverse die proof for a 1000 escudos, green and white, both with printed date '21.2.64' and 1.8.69' respectively in low margin, both Aleixo at right, arms at centre(Pick 29, 30 for type), good extremely fine and rare (4).

Estimate: £500 - £700