Watch List notes:

The Zanzibar Government, 5 rupees, 1 August 1916, red serial number 13350, black, pale green and pale orange, dhow at left, clove picking at right, ornate background detail, value in orange-brown underprint at low centre, two printed signatures of John Sinclair and Jasper Corbett Davis below, uniface, (Pick 2, TBB B102b), in PMG holder 15 Choice Fine, presentable and attractive, very rare in this grade and a classic rarity. Subject to 20% VAT on Buyer’s Premium. Not applicable to "Buy Now " offerings. For more information please view Terms and Conditions for Buyers.

Estimate: £ 15000 - £ 20000