Watch List notes:

(x) Government of Straits Settlements, specimen 25 cents, January 1917, serial number E/1 000000, black and pale orange on pale tan paper, arms top centre, value in black tablet low centre, value at each corner, H.Marriott signature low right, (Pick 7s, TBB B116as (but orange underprint),Tan S7s, Goon SS17 for type), perforated CANCELLED. Printed by the survey department, in PCGS holder 66 PPQ GEM NEW. No record on Track and Price of a specimen for this time and in the opinion of the cataloguer an excessively rare note.

Estimate: £12,000 - £14,000