Watch List notes:

(x) Banco Nacional Ultramarino, Angola, 1 escudo, 1 January 1921, red serial number 1576891, green and multicoloured, Fancisco de Oliveira Chamico at left, steamship seal at right, arms low centre, two printed signatures below, red ANGOLA overprint at centre, (Pick 55), in PMG holder 30 VERY FINE, scarce in this grade, only one other example on PMG Population Report..

Estimate: £100 - £150