Watch List notes:

ITALY: 10000 Lire (Law 3.9.1984) in dark blue on multicolor unpt with a lab instrument at center and Volta at right. S/N: "SD 124812 Y". WMK: Volta. Signatures by Ciampi and Speziali. Inside holder by PCGS "CHOICE UNC 63 - PPQ". (Pick 112b).