Watch List notes:

Hyderabad State, 1943, 1 Rupee, Signed by Ghulam Muhammad, K Prefix, S. No. K/3 223243, "Sarkar-e-Ali" and "EK RUPYA SICCA OSMANIA" in Urdu, (KJ & RR # 7.2.3), staple holes at issue, stains, graded by PMCS as 30 Very Fine, Very Rare.