Watch List notes:

(x) Banco de Portugal, 2 1/2 escudos, 18 November 1925, Ch.2, serial number 2KC 11954, black, red and pale yellow, Mousinho da Silveira at centre, value at left and right, (Pick 127), minor crease at upper right margin otherwise about uncirculated to uncirculated.

Estimate: £200 - £300