Watch List notes:

(x) Gapdebosco, Gomrault y Cia., 5 centavos, Pampa Central, 1 October 1899, red serial number 014, pale blue, man at left, Mercury top right, building top left, reverse blue, horse, bulls and gaucho, a rare local issue, in WBG holder 50 ABOUT UNC, rare.

Estimate: £150 - £250