Watch List notes:

Portugal: 500 Escudos 1932 P. 147, a real beauty, rare as issued note, professionally repaired at upper border center, upper right and left corner, small parts at right border and at lower right. The note looks very fresh, the paper still shows crispness, the colors are still very strong. Even repaired this note marks one of the most rare notes of Portugal banknote collecting.
[taxed under margin system]