Watch List notes:

Iceland: Landsbanki Íslands, highly rare set with 5 progressive proofs with front and reverse for the 100 Kronur L.1928 P.30 for type with printers annotations and handwritten date "May 1st 32" and 3 progressive proofs for the 50 Kronur P.29 for type with underprint color in blue, brown and red with same date and annotations at upper and lower margin, obviously taken from a presentation book and previously mounted, Condition: XF+/aUNC. Highly Rare set! (5 pcs.)
[taxed under margin system]