Watch List notes:

Banco Nacional Ultramarino, five rupias, 1 January 1906, nos. 000000 – 220000, black, green and pink, maiden holding trident at left, steamship seal type 1 at right, signatures of Eduardo Pinta da Silva Cunha and Alfredo Mendes da Silva (Pick 15as; Jhunjhunwalla-Razack 12.5.3), with counterfoil, numbers and date top margin, perforated CANCELLED, handling right edge
£1200-1500