Watch List notes:

Banco de Angola, 50 angolares, 1 June 1927, serial number 1A 00001, purple on lilac and green, Salvador Correia in oval frame at centre, waterfall in field, arms top left, column at left and right, reverse violet on green, leopard at centre, Francisco P.C. Leal and Albano Seiça Moncada signatures, (Pick 74, TBB B403), paperclip indentation and rust mark at top left, very minor glue residue in lower and top margin, completely original good very fine, extremely rare in this condition and number 1.

Estimate: £5,700 - £6,200