Watch List notes:

(x) Government of India, 5 rupees, 3 January 1920, serial number GC/76 383806, value in pink at centre flanked by language panels, M.M.S. Gubbay signature, (Pick A6g, Razack-Jhunjhunwalla 2a.1.6.1, TBB B132), in PMG holder 30 Very Fine, spindle hole at issue, stains, minor split, scarce.

Estimate: £220.00 - £350.00