World Currency
Timor Banco Nacional Ultramarino 20 Patacas 1.1.1910 Pick 4 PMG Very Fine 25 Net. This pleasing and rare highest denomination note is dated 1910, but it was not issued until 1920. Only 20,000 notes were printed, and many have been lost or redeemed over the years. A repair to the center split is mentioned for accuracy on this otherwise pleasing example. Timor banknotes are underrated at present. Interestingly, this very note was scanned to illustrate B104 in the Timor chapter of The Banknote Book. https://currency.ha.com/itm/world-currency/timor-banco-nacional-ultramarino-20-patacas-111910-pick-4-pmg-very-fine-25-net/a/4023-28378.s?type=CoinArchivesCurrency4023 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 320-480 USD