Watch List notes:

(x) Banco de Espana y Rio de la Plata, Uruguay, specimen 10 pesos, Montevideo, 1 January 1888, zero serial numbers, black on red and green underprint, sailors at centre, two women at left, cow and calf at right, red SPECIMEN overprint and three cancellation holes,, (Pick S169s), rough cut edges, but about uncirculated and scarce.

Estimate: £600 - £700