Watch List notes:

Banco Central de Guatemala, a colour trial 5 Quetzales, ND (ca 1934), brown, pale green and orange-yellow, Quetzal bird on column at left and right, value at right centre and at each corner, ship at quayside at left, reverse brown, Quetzal bird on pedestal at centre,(TBB BCG B11, Pick 16ct), perforated, red SPECIMEN WATERLOW & SONS LIMITED overprint at low left and right, in PCGS holder 64 very choice new. Subject to 20% VAT on Buyerís Premium. For more information please view Terms and Conditions for Buyers.
(Estimate: $350-450)