Watch List notes:

United Arab Emirates Currency Board, 50 Dirhams, ND (1973), serial number 2D310354, red, palm tree, caravan with man leading four camels; sama's dhow with sail; oil derrick; outline of UAE coast; string of pearls at left, watermark: Arabian horse head, reverse, sparrow-hawk at lower left, Sheikh's palace at Ajman at right and centre, solid security thread,, (Pick 4a, TBB B104a), in PMG holder 65 EPQ Gem Uncirculated, 3rd highest grade on PMG Census.

Estimate: $1900 - $2800