Watch List notes:

Banco Nacional Ultramarino, Angola, specimen 5 escudos, 1 January 1921, no serial numbers, black and pink, Fancisco de Oliveira Chamico at left, steamship seal at right, arms low centre, two printed signatures below, red ANGOLA overprint at top centre, (Pick 57s), in PG holder 63 CHOICE UNCIRCULATED, red SPECIMEN overprint, uncirculated and scarce.

Estimate: £250 - £300