Watch List notes:

Republic India, 1987, 500 Rupees (2), Consecutive Pair, Signed by R.N. Malhotra, AC Prefix, S. No. 2AC 139241 &139242, (KJ & RR # 6.8.1.1/RM & AM # R9.1), staple holes at issue, graded by PMCS as 50 AUNC.