Watch List notes:

Merida, Mexico, Banco Mercantil de Yucatan, 5 pesos specimen, 190X (1900-13), series H, PMG Gem UNC 65 EPQ. Frampton-M548s; SCWPM-S453s3. Two POCs. Wrong SCWPM number on the label; under the correct number, this would be one of three finest known in the PMG census. Choice example with bold and colorful ink, nicely embossed. PMG #8059360-005.
($400-600)