Watch List notes:

Paper Money - Netherlands 5 expl. 10, 25 Gulden 1940-43 PAPEL. 10 Gulden (4) 1940-43, 25 Gulden 1941. P 50, 56 a, 56 b, 59. REG a BC+.
V. Good to Almost V. Fine

Estimate: 15 - 20 EUR