Watch List notes:

Reserve Bank of India, 100 rupees, Calcutta, ND (1937), serial number A/19 569572, (Pick 20d, TBB B204a2, Razack-Jhunjhunwalla 4.7.1B), in PMG holder, staple holes at issue, minor restoration, 40 Extremely Fine.

Estimate: £300 - £350