Watch List notes:

(x) BERMUDA, Bermuda Monetary Authority, a group of 5 Dollar notes comprising specimen proof $5, 1 April 1978, serial number A/1 000000, perforated SPECIMEN OF NO VALUE; specimen $5, 1 April 1978, serial number A/1 77-912, overprinted SPECIMEN diagonally in red, two punch holes; $5, 1 April 1978, serial number A/1 216395; $5, 1 January 1988, serial number A/2 300089, all red-purple and multicoloured, portrait of Queen Elizabeth II by Anthony Buckley at right, reverse St David's lighthouse at left, St George's harbour at right(Pick 29asp, 29as, 29a, 29d, TBB B202asp, B202as (var), B202a, B202d), the first ink annotation, "not for sigs and date T.B.A. 13. 1. 81", the second about uncirculated, the remainder uncirculated, the proof rare (4).

Estimate: 130 - 180