Watch List notes:

Banco de Espana, uniface obverse proof for a 100 Pesetas, 1 July 1903, no serial number black on white, man standing with spade at left, child lifting palm branch at right,(Pick 53fp), cut from sheet, in PCGS Currency holder 63 choice new. Subject to 20% VAT on Buyerís Premium. For more information please view Terms and Conditions for Buyers.
(Estimate: $500-600)