Watch List notes:

(x) Government of India, 50 rupees, B (Bombay), 1916, serial number ZC/92 57418, black and white with value in pink underprint at centre, McWatters signature,(Pick A15b, Razack-Jhunjhunwalla 2A.4.3B.3), in PMG holder 30 Very Fine, the McWatters signature significantly rarer than other types.

Estimate: £3,500 - £4,000