Watch List notes:

Banco de Portugal, Progressive proofs for 100 escudos (7), ND (1928-30), obverse, brown, portrait G. Freire at left, allegorical figures with arms at upper centre, reverse, purple, horsecart and town at centre, bank arms at right, 3 partial obverses, one in green, remainder in orange and pink, 2 partial reverses, first in blue green and orange, second in pink blue, and green, (Pick 140 for type), about uncirculated to uncirculated (7).

Estimate: £1,400 - £1,600