Watch List notes:

Government of Belize, colour trial specimen $20, ND (1974-76), serial number 024, blue, green and pale orange, Elizabeth II at right, arms at left, reverse orange and brown, title at centre, (Pick 37cts, TBB B105t), red SPECIMEN overprint, perforated, in PMG 65 EPQ Gem Uncirculated.

Estimate: £250 - £350