Watch List notes:

Republica de Nicaragua, uniface obverse and reverse colour trial 5 Pesos, 15 September 19-, black on orange underprint, protrait of Zelaya at left, steam train at centre, reverse mauve,(Pick 30ct), perforated, red SPECIMEN WATERLOW & SONS LIMITED overprint at left and right, both in PMG holders 66 EPQ gem uncirculated, superb colours and rare (2). Subject to 20% VAT on Buyerís Premium. For more information please view Terms and Conditions for Buyers.
(Estimate: $1000-1200)