Watch List notes:

British India, 1925, King George V, 5 Rupees, Ist Issue, Signed by H. Denning, H Prefix, S. No. H76 681981, Watermark Variety A printed in England, (KJ & RR # 3.4.1A), single spindle hole, fold, graded by PMCS as 30 Very Fine and trimmed edges, Rare.