Watch List notes:

British India, 1947, King George VI, 5 Rupees, Signed by C.D. Deshmukh, Serial number in Red, D Prefix, S. No. D80 353343, (KJ & RR # 4.4.2/RM & AM # BR3.1), folds, stains, multiple holes, graded by PMCS as 20 Very Fine, Rare.

Note: The RED serial number signifies that these banknotes were issued after August 1947 and were later withdrawn in October 1957.