Watch List notes:

Portugal - Republic - 4 expl. 5, 20 Centavos 1918-1927 BR. 2 Centavos 1918, 5 Centavos 1924, 1927, 20 Centavos 1925. Gomes 03.01, 06.01, 06.03, 15.02. BELA a SOB
EF to UNC

Estimate: 20-30 EUR