Watch List notes:

Malaysia, British Colonial. State of North Borneo CU-NI 5 Cents. British North Borneo Company issue. Heaton (Birmingham), 1940H. Two warriors in national dress holding central shield with arms of the British North Borneo Company above motto PERGO ET PERAGO on banner; H (mintmark) below / • STATE OF NORTH BORNEO •, denomination in central beaded border, date below. KM 5. 7.29g, 27mm, 12h.

Almost Uncirculated.