Watch List notes:

Banco Nacional Ultramarino, Mozambique, colour trial 500 escudos, ND (1963), serial number 000000, dark green on multicoloured underprint, portrait of Caldas Xavier at right, arms and value at centre, reverse green and lilac, arms at centre, (Pick 104ct), mounting traces, perforated, red SPECIMEN overprint, uncirculated, scarce.

Estimate: £100 - £150