Watch List notes:

British India, 1928, King George V, 100 Rupees, 3rd Issue, Calcutta Circle (Large Green), Signed by J.W. Kelly, T Prefix, S. No. T22 082857, Watermark type 2, printed in Nasik, (KJ & RR # 3.10.3 B), pinholes, stains, folds, graded by PMG as 30 Very Fine, Extremely Rare.