Watch List notes:

(x) Banca d'Italia, 500 lire, 11 June 1940, serial number H189-1540, pale brown and mauve, Ceres at right, signatures of Azzolini and Urbini at centre(Pick 51d), In PCGS Currency holder 55 Choice About New, nothing above a grade of 20 listed on Track and Price at the time of cataloguing.

Estimate: £500 - £700