Watch List notes:

(x) Portugal, Banco de Portugal, 100 mil reis, 10.3.1909, Ch.2 serial number 03189.J, green on yellow, scene of arrival of P.A.Cabral at Lisbon in 1500, reverse red-brown, arms at upper centre, overprinted 'REPUBLICA' at top,(Pick 111), in PCGS Currency holder 20 Very Fine, Repaired Tears and Holes, a scarce high denomination.

Estimate: £300 - £500