Watch List notes:

Spain: 1000 Pesetas 1937 Specimen Proofs Pick unlisted, highly rare unissued design, printed as proof on 2 thicker papers, front and back seperatly printed, nice design, beautiful classic design printed by Calcografia Carte Valori Milano Italy, front in blue on multicolor (mostly orange) underprint, back in blue with brown printing of "Batalla de Pavia", for more color varieties of the same type of Specimen please see the following items in this catalog, this example in condition: front speicmen proof with corner fold (XF+), the back specimen proof in UNC.
[plus 19 % VAT]