Watch List notes:

Hungary: Very interesting set of the 20 Pengö 1930, P.97, comprising the issued note in VF, one progressive front proof with red serial number C000 000000 (UNC), one underprint progressive front proof with perforation "MINTA" (UNC) and an underprint progressive reverse proof (UNC). Rare set. (4 pcs.)
[taxed under margin system]