Watch List notes:

ESTONIA: 20 Krooni (1932) in green and brown with shepherd blowing horn at left. S/N: "1365442". WMK: "20" between zigzag lines. Printed by RT (without imprint). Inside holder by PMG "Superb Gem Unc 67 - EPQ". Top grade in PMG. (Pick 64a) (Spink EP B9a).