Watch List notes:

World Banknotes - British North Borneo - British North Borneo Company - 25 Cents 1.7.1911, date not in literature (P. 7a, 7b) - Serie No. 22764 Arms at left - date stamped in black ink and signatures partially handwritten - printer BE&B - uniface and annotation on back mentioned for accuracy - PMG Fine 12 - very rare