Watch List notes:

Hyderabad State, 1946, 1 Rupee, Signed by C.V.S. Rao, AG Prefix, S. No. AG/9 187298, "Sarkar-e-Ali" and "EK RUPYA SICCA OSMANIA" in Urdu, (KJ & RR # 7.3.6), pin holes, exceptional paper quality, graded by PMG as 63 Choice Uncirculated EPQ, Extremely Rare.