Watch List notes:

(x) Federal Republic of Germany, replacement 500 Deutsche Mark,1991, serial number YA 1791680A8, pink and orange, wasp at centre, Maria Sibylla Merian at right, signature, Schlesinger and reverse, flowers and caterpillar,, (Pick 43ar, TBB B228a, MWR RG3a), a rare replacement note, in PMG holder 66 EPQ gem uncirculated, one of the three highest graded notes of this type given on PMG population report,.

Estimate: £350 - £500