Watch List notes:

(x) BERMUDA, Bermuda Monetary Authority, $50, 20 February 1989, serial number B/1 000005, signatures Mann and Leseur, brown, olive and multicoloured, portrait of Queen Elizabeth II by Peter Grugeon at right, reverse Gibb's Hill Lighthouse at left, map at upper right,(Pick 38, TBB B212a), in PMG holder 67 EPQ Superb Gem Uncirculated, a very low serial number, ex-David Saul Collection.

Estimate: 750 - 1000