Watch List notes:

(x) Banco de Portugal, 5 Mil Reis, 9 July 1907, Ch.6, serial number LQ 02865, blue and pale lilac brown, vignette of maiden (Portugal) and river gods in oval at upper centre, value in guilloche at left and in each corner, reverse coat of arms at upper centre, value in ornate guilloche at right, (Pick 83), about very fine, ink annotation in left margin, rare.

Estimate: £350 - £550