Watch List notes:

Italy 50 Centesimi (12) 1920 Reeded edge (2), 1921 Reeded edge, 1924 Reeded edge, 1925 Reeded edge (3), 1919 Plain edge, 1920 Plain edge (3), 1925 Plain edge Near Fine to VF many of the reeded edge issues scarce

Estimate: 40-80 GBP