Watch List notes:

Spain El Banco De Espana 100 Pesetas as Pick 53 Unlisted in SCWPM Proof Uniface issue dated 1st July 1903 grey featuring Man holding spade at left and small child uplifting a Palm bracnh at right. Punch hole cancelled . Exceptionally Scarce issue GEF - about UNC

Estimate: 100-200 GBP