Watch List notes:

(x) Bank of Nassau, Bahamas colour trial specimen 5/-, ND (ca. 1870), orange, Queen Victoria at top left,(Pick A1cts), in PMG holder 63 EPQ Choice Uncirculated, 'SPECIMEN C. SKIPPER & EAST' perforation at lower right. Only two examples have ever been sold at public auction, rare.

Estimate: 900 - 1200