Watch List notes:

Timor - 5 Patacas ND (1933 - old date 1.1.1924) Steamship at left + Junks at right (P. 6) - ovpt. Pagaveis em Timor at right on Macao #8 - F/VF - Originally printed for Macau, this large format note was repurposed for Timor in the early 1930s. With black overprints on both sides, a "TIMOR" print has been added. Bank records indicate that 120,000 notes were issued in this manner