MACAU. Banco Nacional Ultramarino. 5 Avos, ND (1944). P-18. PMG Choice Uncirculated 64 EPQ.
Printed by HKP. Japanese Administration WWII. Nearly Gem, displaying a dark red border design with a light yellow underprint. PMG has encapsulated just 13 examples of this pick number, with this note being the finest graded by their service at the time of cataloging. PMG Pop 1/None Finer.
Estimate: $750.00- $1250.00