Watch List notes:

(x) Portugal, Banco de Portugal, 50 mil reis, a partial uniface obverse trial of an unadopted desgin, no date, black on light green, '50' at top left and right, vignette of a maiden (Lusitania) at right, perforated 'SPECIMEN' vertical left and right,(Pick not listed), in PCGS Currency holder 62 New, Perforated CANCELLED, Ink Cancellation on Back, Tiny Tear at Bottom, exceedingly rare if not unique.

Estimate: £2000 - £3000