Watch List notes:

(x) East Africa, The Government of the East Africa Protectorate, specimen 50 Rupees, Mombasa, 1 July 1912, red serial number D/1 00000, black and white, value in violet underprint at centre and in guilloches at left and right, printed signature of Henry Armstrong Smallwood at lower right, uniface, perforated CANCELLED,(Pick 4s, TBB B104bs), in PMG holder 50 About Uncirculated, Pinholes, an excessively rare note.

Estimate: 14000 - 18000