Watch List notes:

(x) Portugal, Banco de Portugal, 5 escudos, 13 January 1925, Ch.4, serial number 2CP 12118, black, pale blue and bronze, Don Alvaro Vaz d'Amada at centre, value at left and right, reverse blue, arms at centre and at left and right, (Pick 133), very fine.

Estimate: £150 - £200