Watch List notes:

Government of the Straits Settlements, a reverse progressive proof for the reverse of a $5, ND (ca 1925), brown and pale pink, tiger at centre, value at left and right, (Pick 10 for type, Tan S10 for type, Boon KNB 18 for type), blue oval De la Rue seal, in PMG holder 66 EPQ GEM UNCIRCULATED, rare.

Estimate: £2,000 - £2,200