Watch List notes:

(x) Portugal, Banco de Portugal, lot of 2 control number specimens, 2500 reis, 30 september 1910, serial number 1 BP 00001-1 BP 20000, Ch 4, black and multicoloured, Afonso de Albuquerque at right, reverse blue and brown, head of Mercury at left, arms and value, black REPUBLICA overprint at centre, also 10 mil reis, 30 September 1910, serial number 1CX 00001-1CX 20000, Ch 4, black and beige, allegorical figures representing the Arts, red Bank seal at centre, reverse green and lilac, armoured maidens and arms, black REPUBLICA overprint low centre(Pick 107s,108as), in PCGS Currency holders 58PPQ Choice About New and 53 About New respectively, Perforated CANCELLED. Control number specimens were printed to record the range of serial numbers issued for the date and signature combinations and each one is likely to be unique (2).

Estimate: £2000 - £2500