Watch List notes:

Lisboa, Portugal, Banco de Portugal, 10 escudos ouro, 13-1-1925, serial 1IP 17248, PMG VF 25 net / rust, foreign substance, paper pull. SCWPM-134. Circulated with (as PMG notes) rust, foreign substance, and paper pull, retaining good black and red inks as well as centering, scarce note that tops out in VF on the PMG census. PMG #1407395-017.

Estimate: $200-300