Watch List notes:

Government of India, 50 Rupees, Karachi, ND (1930) V/2 419770, lilac and pale green, crowned bust of George V at right, J. B. Taylor signature, values in each corner, reverse, purple, value at centre, purple stamp at right,(Pick 9h, Razack-Jhunjhunwalla 3.9.2D), minor staple holes at left and slight residue in right field at margin, in PMG holder 30 Very Fine. An extremely rare banknote and the highest grade reported on the PMG population report. In addition, Karachi the rarest branch of issue and this type has never previously appeared at public auction.

Estimate: £25,000 - £30,000