Watch List notes:

Republic India, Error 5 Rupees, Signed by Bimal Jalan, Error: Sheet fold printing or Butterfly error, approx. 20% extra paper at right leaving the unprinted area on the reverse in butterfly form, an unprinted portion of reverse is printed on the obverse on extra paper, S. No. 24I, crisp, strong paper quality, UNC, Extremely Rare.