Watch List notes:

(x) Reserve Bank of India, 100 rupees, ND (1937), serial number A/46 699785, Karachi Circle, (Pick 20q, Razack-Jhunjhunwalla 4.7.1D), in PMG holder 50 About Uncirculated, staple holes at issue, spindle holes.

Estimate: £12000 - £15000