Watch List notes:

British India, 1947, King George VI, 5 Rupees, Signed by C.D. Deshmukh, Serial number in Red, D Prefix, S. No. D50 231689, (KJ & RR # 4.4.2), staple holes at issue, crisp, exceptional paper quality, graded by PMG as 64 Choice Uncirculated EPQ, Extremely Rare in this grade.