Watch List notes:

British India, 1938, King George VI, 100 Rupees, Lahore Circle, Signed by C.D. Deshmukh, Serial number in Black, A Prefix, S. No. A80 718411, (KJ & RR # 4.7.2G), staple holes at issue, spindle hole, minor stains, graded by PMG as 40 Extremely Fine, Very Rare.

Note: Banknotes from the Lahore circle are very popular in this series.