Paper and Proofs from the Portals Archives
Government of India, printers design for 5 Rupees on large format watermarked paper, ND (1871), no signature or serial number, crayon annotations, in PMG holder 45 EPQ, choice extremely fine, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later
BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £5,000-£7,000