Watch List notes:

Uruguay El Banco Montevideano 20 Centesimos Pick S351 dated 3rd January 1866 series I number 016137, VG with minor marginal corner pieace missing and Exceptionally Rare South American note unpriced in the current SCWPM. Black on green underprint featuring a steam ship at centre and printed by ABNC.

Estimate: 190-300 GBP