Watch List notes:

(x) Reserve Bank of India, 100 rupees, Karachi, ND (1937), serial number A/46 605868, signature Taylor,, (Pick 20q, BNB B204a4, Razack-Jhunjhunwalla 4.7.1D), in PMG holder, staple holes at issue, spindle holes, 35 Choice Very Fine. A scarce Karachi branch issue with only less than 5 examples in a higher grade.

Estimate: £3000 - £4000