Watch List notes:

India. Reserve Bank of India, King George VI, Five Rupees, 1938, Signed by J.B. Taylor, Black Serial Number H47 020529, Obv. KGVI facing left in an oval frame with denominations Five Rupees below on right. Numerals in the top right and left corners. Reserve Bank of India in a panel on top. Promise text, denomination Five Rupees, serial number at center. Watermark of KGVI on left, Reserve Bank of India in 4 lines in the center and numeral 5 on the top left and bottom right, Rev. Reserve Bank of India on top. 8 regional languages in the center and Five Rupees below. 5 on top right and bottom left corner. Five/5/Rupees in three lines on designer floral pattern. RBI logo on watermark window. First series of KGVI issues under 5 rupees. Brilliant Uncirculated, Rare in this grade.