Watch List notes:

Banco Nacional Ultramarino, Angola, 10 centavos, 5 November 1914, red serial number 5080738, purple, green steamship II at right, also 10 centavos, purple, green steamship III, both arms at left, value at right, green LOANDA at top centre, also a 20 centavos, blue, design as previous, red steamship seal II low centre, red LOANDA top centre, (Pick 39, 40, 42), (3).

Estimate: £200 - £300