PORTUGAL. Banco de Portugal. 50 Mil Reis, 1910 (ND 1917). P-110. PMG Very Fine 25.
Black "Republica" overprint on face with no overprint on the reverse. Detailed design on the face of Portuguese explorers meeting with Middle Eastern ruler at throne. The reverse displays facing head of Lusitania at right, with a detailed border design standing out in light blue and dark yellow ink. PMG comments "Small Tears."
Estimate: $1250 - $1750