Watch List notes:

(x) Banco de Portugal, 20 mil reis, 12.10.1906, serial number Ch.3.m T11175, blue and orange, allegorical female figure at left and right, value in orange underprint at centre, reverse blue, D.Affonso Henriques at centre, helmeted female profile at left and right(Pick 84), in PCGS Currency holder 40 Extremely Fine, Stain on Back, Minor Corner Damage.

Estimate: £1500 - £2000