Watch List notes:

Guatemala, Banco Americano, 5 pesos specimen, series B, with red SPECIMEN overprint, PMG Gem UNC 65 EPQ. Pick-S112s. High-grade example of this beautiful and large Guatemala specialized type note, only one finer in the PMG census. The two arms vignettes on the reverse, Guatemala's at left and that of the United States at right, illustrate the extensive American business control on Guatemala's economy at the time. [url=https://www.pmgnotes.com/certlookup/2089277-004/65


Estimate: 200 - 300 USD