Watch List notes:

Mexico City, Mexico, Banco Nacional, 50 pesos, 1-3-1911, series N, serial 235576, PCGS XF 40 PPQ. Frampton-M301d; SCWPM-S260d. Striking arrangement with two women's vignettes on obverse and a large church on reverse, modestly circulated with good margins and color. PCGS #80119644.

Estimate: $125-200