Watch List notes:

National Bank of Egypt, 50 Piastres, 14th March 1917, serial number P/4 043,022, obverse mauve and brown on multicolour underprint, the Great Sphinx of Giza at left and value to upper right and lower left corners, reverse blue and multicolour and values in ornamental guilloche,, (Pick 11a), PMG 35 Choice Very Fine (Previously Mounted), three staple holes to upper left and mounting traces to reverse upper margin, scarce.

Estimate: £700 - £800