Watch List notes:

Hyderabad, Government issue, India, 1000 rupees, FE 1341 (1941), serial number AA 95803, red and pale green and tan, arms top left and right, Hyder Nawaz Jung signature, reverse red, value at centre and at each corner
(Pick S267, Razack-Jhunjhunwalla 7.12.1), faint mounting traces, pencil annotations on reverse, about uncirculated, spindle holes at issue. This type a most handsome Waterlow engraving and becoming quite rare. A lovely example