Watch List notes:

(x) Banco de Portugal, 5 Mil Reis, 30 December 1909, serial number KG 12229, black on blue and multicolour underprint, portrait Marquez de Pombal at left, reverse arms at centre, woman seated at right(Pick 104), in PCGS Currency holder 30 Very Fine, Pressed, difficult to find in this grade.

Estimate: £300 - £400