Watch List notes:

Netherlands: Set with 11 banknotes comprising 2x 1 Gulden Zilverbon 1920 P.15 (F+, VF), 2.50 Gulden Zilverbon 1918 P.12 (VG/F-), 2.50 Gulden Zilverbon 1920 P.16 (VG/F-), 2.50 Gulden Zilverbon 1923 P.19 (F), 2.50 Gulden Zilverbon 1927 P.20 (F), 2.50 Gulden Zilverbon 1938 P.62 (XF+/aUNC), 3x 1 and 2 ½ Gulden Muntbiljet 1943 and 1945 P.64, 70-72 (VF to UNC). (11 pcs.)
[taxed under margin system]