Watch List notes:

British India, 1949, King George VI, 2 Rupees, Signed by C.D. Deshmukh, Serial number in Red, H Prefix, S. No. H48 040419, (KJ & RR # 4.2.3), pinholes, stains, folds, graffiti, about very fine, Rare.

Note: The red serial number signifies that these banknotes were issued after May 1949 and were later withdrawn in October 1957.