Watch List notes:

Hyderabad State, 1939, 5 Rupees, signed by Ghulam Muhammad, S. No. OW 46470, in the top center "Currency Note Sarkar-e-Aali" in Urdu, "PAANCH RUPYE SICCA OSMANIA", promise text in words in the center, (KJ & RR # 7.6.3), folds, stained, about very fine.