Watch List notes:

Kingdom of Poland, Bilet Skarbowy, Treasury note, 1 zloty, 13 August 1794, plate E, black and white on laminated card, Ztt 1 in rectangular frame low centre, Malinowski signature on reverse,(Pick A10, Milczak A10), ex-Pflumer collection, the 1 zloty only about 35 examples believed extant, extremely rare, extremely fine, a key note for the series.

Estimate: £4,000 - £4,500