Watch List notes:

(x) Banco de Portugal, a group of progressive proofs for 100 escudos, ND (1947-57), includes the following,
-obverse underprint,
-reverse underprint,
-reverse die proof,
-remainder,, (Pick 159pp, r), all hole punched, in PMG holders 55 to 64 (4 notes).

Estimate: £200.00 - £300.00