Watch List notes:

Reserve Bank of India, Persian Gulf issue, 5 rupees, ND (1959-), serial number Z/0 739662, orange print, value at centre, Asoka column at right, Iengar signature, (Pick R2, Razack-Jhunjhunwalla 6.12.2.1), usual staple holes at left, in PMG holder number 67 EPQ, SUPERB GEM UNC. Very rare in this grade, there is only one other example listed in 67 on Track and Price and that sold by Spink.

Estimate: £3,000 - £4,000