Watch List notes:

ITALIAN SOMALILAND: 100 Somali (1950) in violet and light brown with "Lion head" at left. Serial no "A002 052098". WMK: Lions head and wavy lines pattern with SOMALO. Printed by "I.P.S. OFF.-CARTE-VALORI-ROMA". Signatures by Ciancimino and Giannini. Inside plastic folder by PCGS "Fine 12 - Restorations". (Pick 15a) & (Spink CCMS B5b).