Watch List notes:

Singapore, $25 specimen, ND (1972), 'Flowers' series, serial number A/1 000000, brown and yellow, orchid at centre, coat of arms at upper right, reverse dark olive, Supreme Court building at centre, red 'SPECIMEN' overprint on both sides,(Pick 4s), PMG 66EPQ Gem Uncirculated. Only 11 specimen notes graded in the PMG Population Report and this is one of two notes with the highest grade. Scarce..

Estimate: HK$42,000 - HK$50,000