Watch List notes:

India Reserve Bank of India 100 Rupees Calcutta ND (1943) Pick 20e Jhunjhunwalla-Razack 4.7.2B PMG Gem Uncirculated 65 EPQ. Consecutive note to the previous lot. An incredible original example, and very rare in Gem Uncirculated grade. Miraculously, this note must have been stored in a way that did not allow any elements to affect the paper on this pleasing original. Deshmukh signature adds to the desirability of this stunning example. Bettered by only one signature note in the PMG Population Report at the time of cataloging. PMG notes staple holes as present at the time of issue. The last one sold at Heritage auction in similar grade for $4800 inc Premium (lot 28150)