Watch List notes:

Banco de Angola, 20 angolares, 1 March 1951, serial number 115KC 00001, lilac on multicolour underprint, man standing at left, fort at right centre, Correia at right, signatures of Anibal de Mesquita Guimares and Francisco Luis da Silva Duerte and Artur de Melo Quintela Saldanha, reverse battle scene, the reconquest of Loanda in 1648, (Pick 83, TBB B409b), in PMG holder, 66EPQ Gem Uncirculated, a rare number 1 for type.

Estimate: £300 - £350