PORTUGAL. Banco de Portugal. 20 Mil Reis, 1909. P-109. Choice Fine.
Black "Republica" overprint on face at bottom, with blue overprint on back at upper left. 1909 date. Vasco de Gama at left with Luis de Camoes at right. The reverse displays Arms at left with a "20" counter at right. Internal tears are noticed, along with toning and margin wears from folds.
Estimate: $1250 - $1750