Watch List notes:

(x) De Nationale Bank der Zuid-Afrikaansche Republiek, South Africa, specimen 20 pond, ND (1890s), prefix D, black and white with value in a lilac guilloche at centre, portrait of Oom Paul Kruger, the founder of the Boer state and the 3rd President of South African Republic at left, arms top centre, (Pick 51s), low right corner excised for cancellation, perforated SPECIMEN C.SKIPPER&EAST, in PMG holder, toned, 62 Uncirculated, rare.

Estimate: $1000 - $1500