Watch List notes:

British India, 1917, King George V, 1 Rupee, Universalised Circle, Rayed Star Watermark, Signed by H. Denning, S Prefix, S. No. S54 965735, (KJ & RR # 3.1.3), Correct Gujarati, folds, rust, minor stains, crisp, strong paper quality, about extremely fine, Extremely Rare.