Watch List notes:

(x) Banco de Portugal, a printers proof 500 Escudos, 17.11.1922, Ch.2, serial number 1AG 05001-M 02287, purple, pale green and yellow, Vasco da Gama at low left, sailing ships at right, reverse purple, arms at centre, (Pick 130 for type), good extremely fine or better, various printers marks in field, perforated. A lovely design and rare, possibly initially come from a sheet of 8.

Estimate: £1,000.00 - £2,000.00