Watch List notes:

Banco Nacional Ultramarino, Timor, a group of specimens of the 1959 isue and comprising 30 escudos, blue, 60 escudos, red, 100 escudos, brown and 500 escudos, dark brown, all arms in field at centre and portrait of Jose Celestino da Silva at right, reverse arms and ship seal, (Pick 22s, 23s, 24s, 25s), all perforated and red ESPECIME overprint, in PMG holders, previously mounted 62 Uncirculated (4 notes).

Estimate: £450 - £550