Watch List notes:

(x) Board of Commissioners of Currency, Malaya and British Borneo, colour trial $50, ND (1953), no serial numbers, pink-brown, pale blue and pale orange, Elizabeth II at right, value at centre and at top left and top right, reverse brown, arms of the 16 states of the Malaya Federation, (Pick 4ct, TBB B104t, Tan M21s, Goon MB53Lt), mounting traces, damage at low centre with piece missing, perforated, small red SPECIMEN overprint, in PMG holder 15 CHOICE FINE, rare.

Estimate: £750 - £850