Watch List notes:

Banco Nacional Ultramarino, Macao, specimen 500 Patacas, 24 April 1979, serial number 000000, green on multicolour, Bishop D. Belchior Carneiro at lower right, reverse bank seal with sailing ship at left, woman and sailing ships at centre, diagonal red overprint SPECIMEN at centre of obverse and reverse, punch hole cancelled beneath overprint,, (Pick 57As), in PMG holder 65 EPQ Gem Uncirculated, control number '38' at reverse upper left corner.

Estimate: £300 - £400