Watch List notes:

(x) Banco de Portugal, a printers archival obverse colour trial/proof 2 and 1/2 escudos, ND (1920), purple, olive and lilac, D.Nuno Alvarez Pereira at right, arms at centre, (Pick 119cts), a striking and rare colour trial, good extremely fine, glue stain at right, nick at right, tape.

Estimate: £200 - £320