Watch List notes:

National Bank of Egypt, printer's archival specimen 25 Piastres, 3 June 1918, serial number L/23 000001-L/23 100000 blackish purple on pale green and multicoloured underprint, banks of the Nile at centre, value in each corner, Rowlatt signature, reverse deep blue, light blue and orange, value in western and Arabic numerals set in guilloches and ornate pattern
(Pick 10as, Hanafy M1s), in PMG holder, previously mounted, printers annotations, 64 Choice Uncirculated, rare