British North Borneo
British North Borneo Company, 25 Cents, 26 November 1903, serial number 17643, pink, arms at left, value in pink tablet at low right, manuscript signature at low left, printed signature of Alexander Cook at low right, in PMG holder 15, choice fine, very rare and a most presentable example with only six examples graded by PMG
TBB 101a, Pick 7a, KNB 1 S$2,800-S$3,200