Watch List notes:

Republica Dos Estados Unidos Do Brasil - No Thesouro Nacional Specimen Color Trial Proof.Republica Dos Estados Unidos Do Brasil - No Thesouro Nacional Specimen Color Trial Proof. Brazil, ND (1944), 5 Cruzeiros, w/o Estampa (1A), P-134, Unlisted Color Trial Proof printed in nutmeg-brown without underprint instead of issued blue on m/c, Portrait of Barao do Rio Branco at center, Printed on india paper with large margins with plate # "84733" on top, Uncirculated to CU condition, Rare note in any condition and first time seen as color trial by cataloger. ABNC.

Estimate: 300 - 600