BHUTAN: 5 Ngultrum (ND 1990) in brown on multicolor unpt with Royal emblem at center between facing birds. S/N: "C/4 0006651". WMK: "ROYAL MONETARY AUTHORITY" pattern. Signature by Tsering. Printed by TDLR (without imprint). Inside holder by PMG "Superb Gem Unc 67 - EPQ". Top grade in PMG. (Pick 14b) & (Spink RMA B3b).