Watch List notes:

(x) Government of British Guiana, $20, 1 January 1942, serial number A/1 77904, burgundy on multicolour underprint, Toucan at left, Kaieteur Falls at centre, sailing ship seal at right, reverse burgundy, George VI at centre, value at left and right,(Pick 16, TBB B111a), ex-Bruce Smart Collection. Uncancelled, in PMG holder 25 Very Fine, very presentable and with original paper, extremely rare and without doubt one of the finest examples extant to date. Usually only obtainable with specimen perforation or embossed cancellation.

Estimate: 15000 - 18000