Watch List notes:

Zanzibar Government, 5 rupees, 1st August 1916, maroon serial number 85347, signatures of John Houston Sinclair and James Corbett Davis,, (Pick 2, BNB 102b), in PMG holder 20 NET Very Fine, rust annotation, one of the most preserved and eye appealing 5 rupees seen by the cataloguer, striking, rare.

Estimate: £15000 - £25000