Watch List notes:

Portugal - Republic - 12 expl. 5$00 1932-1951 AR. 5$00 1932, 1933, 1934, 1937, 1940 (2), 1942, 1943, 1946, 1947, 1948, 1951. Colecção completa. Gomes 35.01 a 35.11, KM 581. MBC- a BELA
Almost VF to EF

Estimate: 30-40 EUR