Watch List notes:

Malaya & British Borneo: Very nice group with 3 Archive Photographic proofs of front and two times reverse of an unlisted 10 Dollars note 1952, two of them with stamp on back "DLR-Studio Photographed APR 1952", all three PVGS graded 64 Very Choice New. (3 pcs.) Highly Rare!
[taxed under margin system]