Watch List notes:

(x) Government of Nigeria, 1 Shilling, Lagos, December 1918, serial number 04160, green text on cream paper, value at centre, left and right, signature of David Sliman MacGregor at low right, reverse blank, (Pick 1, TBB B101a), in PCGS holder, 20 Very Fine, scarce.

Estimate: £1,000 - £1,200