Watch List notes:

British India, 1925, King George V, 10 Rupees, Signed by H. Denning, E Prefix, S. No. E11 533373, (KJ & RR # 3.6A.1), minor rust, spindle hole at issue, graded by PMG as 40 Extremely Fine, Very Rare in this grade.

Note: This is the second variant of the 1st issue of 10 Rupee banknote with H. Denning's signature, bearing the portrait of King George V. The serial number of this banknote has the numerals '333' which makes it a semi-fancy serial number banknote.