Watch List notes:

EMPRESTIT OF CATALUNYA. CATALA STATE. 100 Pessetes, 500 Pessetes and 1000 Pessetes. April 23, 1925. Emprestits Pau Clarís, designed by Miguel Soldevilla and signed by Francesc Maciá on behalf of the Provisional Government of Catalonia (this broadcast was intended to defray the expenses of the armed action and distributed among groups of Catalan emigrants and sympathizers of the independence cause of the time). Precious set. Almost Uncirculated.