Watch List notes:

(x) East Africa, The East African Currency Board, 5 Shillings, Nairobi 1 January 1933, serial number H/8 00001, blue-black and orange-brown, portrait of King George V at lower right, value in words and figures, reverse orange-brown, lion and Mount Kenya at centre, value at left and right and in all four corners,(Pick 20; TBB B209b), in PMG holder 20 Net Very Fine, Foreign Substance, Splits, and an extremely rare serial number 1.

Estimate: 3000 - 4000