Watch List notes:

(x) CAYMAN ISLANDS, Cayman Islands Monetary Authority, 2003 Issue, a pair of notes with the same low serial number, comprising $25, brown and multicoloured and $50, green, brown and multicoloured, both serial number C/1 500095, both portrait of Queen Elizabeth II by Peter Grugeon at right, reverses local scenes,(Pick 31a, 32a; TBB B211a, B212a), uncirculated (2).

Estimate: 140 - 220