Watch List notes:

Banco Nacional Ultramarino, 50, 100, 500 Escudos, 1971, serial number 798098, 755378, 199342, 50E olive-green on multicolour underprint, Portuguese arms at upper centre and Nuno Tristao at right, reverse standing woman and ships through the ages at centre-left. 100E as above but blue on multicolour underprint, 500E purple on multicolour underprint and portrait of H. Barreto at right.(Pick 44a, 45a, 46a) uncirculated with some evidence of foxing around margins (3).

Estimate: £600 - £700