Watch List notes:

British India, 1938, King George VI, 100 Rupees, Calcutta Circle, Signed by C.D. Deshmukh, B Prefix, S. No. B6 786056, (KJ & RR # 4.7.2B), staple holes at issue, spindle holes, graded by PMG as 50 About Uncirculated, Very Rare in this grade.

Note: This banknote has a '786' in its serial number, making it an interesting offering for British India and 786 serial number collectors.