Watch List notes:

(x) Government of Grenada, specimen 2 shillings and 6 pence, St. George's, 1 July 1920, serial number A/1 00000, red on olive green underprint, King George V at right, value in tablet at centre, left and in each corner, reverse, olive green, sailing ship at centre, value at left and right,, (Pick 1s), perforated CANCELLED, SPECIMEN stamp at lower right, in PMG holder 50 about uncirculated, previously mounted, An exceptional rarity and only a few examples believed extant.

Estimate: £22,000 - £28,000