Watch List notes:

Banco de Portugal, 5 Escudos, 10 Escudos, 10th July 1920, 9th August 1920, serial number FC 10358, CN 19279 (Pick 120, 121), very fine, 10 Escudos note has one centre crease, small hole at left margin, otherwise generally very fine (2).

Estimate: £150 - £200