Watch List notes:

Iguala, Mexico, Banco de Guerrero, 50 pesos, 15-1-1914, series A, serial 09199, PMG XF 40 EPQ, finest known in PMG census. Frampton-M364b; SCWPM-S301b. Very scarce high denomination note with just two listed in the PMG census, the present example and a VF 25. Lightly circulated with great color and paper quality. PMG #2509485-002.

Estimate: $350-500