Watch List notes:

Government of Ceylon, 5 rupees, 1 June 1926, serial number C/20 37074, black on green and orange underprint, reverse, green, palm trees and elephant at centre, also Government of Ceylon, 5 rupees, 2 October 1939, serial number F/12 38085,(Pick 22, 23c), first with black spotted holes, otherwise both fine.

Estimate: £220 - £280