Watch List notes:

Arabian Gulf Currency Board, a printers archival composite essay on card for the obverse of a proposed issue of 25 riyals, ND (1965), pale and dark green and lilac and pink, a dhow right centre, oil derrick and palm at right, very similar in content to the Qatar and Dubai issues of July 1966, this note obviously a trial for the subsequent issues of 1966. The text in Arabic reads ARABIAN GULF CURRENCY BOARD top right and 25 RIYALS low left, (Pick unrecorded, TBB unrecorded), in PMG holder 63 Choice Uncirculated, unique and important.

Estimate: £15000 - £25000