Watch List notes:

(x) Government of India, 100 rupees, Karachi, ND (1917-), serial number T/3 678336, green and lilac, George V at right, value at centre, Kelly signature, reverse green and lilac, various languages at cemtre, ornamental urn at left and right, (Pick unlisted for type, Razack-Jhunjhunwalla 3.10.3D), small annotation at left, in PMG holder 40 EXTREMELY FINE. Excessively rare for Karachi.

Estimate: £12,500 - £14,500