Watch List notes:

Guatemala, Banco de Occidente en Quezaltenango, 1 peso, 1st August 1914, serial number 1475421, black on multicoloured underprint, arms at left, quetzal bird atop denomination at right, seated woman with caduceus at centre, green at reverse,, (Pick S173c), in PMG holder, 66 EPQ Gem Uncirculated and rare in this grade.

Estimate: £220 - £320