Watch List notes:

(x) Republica Portuguesa, Angola, colour trial 5 angolares, 14 August 1926, serial number V 000000, brown, pale pink and green, De Novaes at left, landscape and palms at right, reverse brown, elephant at centre(Pick 66ct), in PCGS Currency holder 65 PPQ Gem New.

Estimate: £600 - £800