Watch List notes:

(x) BERMUDA, Bermuda Monetary Authority, a group of notes from the 1988-89 Issues, comprising $2 (2), 1 October 1988 and 1 August 1989, both blue; $5 (2), both 20 February 1989, serial number B/1 002482 with silver background, and serial number B/1 999840, without silver background, both red-purple; $10, 20 February 1989, serial number B/1 000897, violet; and $20, 20 February 1989, serial number B/2 000963, green, all portrait of Queen Elizabeth II by Peter Grugeon at right, reverses local scenes,(Pick 34a, 34b, 35a, 35b, 36, 37b; TBB B207a, B207b, B208a, B209a, B210a, B211a), Pick 35b extremely fine, the remainder uncirculated (6).

Estimate: 130 - 180