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Auction: 14010 - Fine Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong
Lot: 1288

Banco Nacional Ultramarino, colour trial 25 patacas, ND (1948), no serial numbers, green and multicoloured, De Camoes at right, steamship in pale blue low centre, MACAU in tablet low centre, reverse green and lilac, maiden and shipping at centre, arms at left
(Pick 39s, Lu M46s), red SPECIMEN overprint, perforated, uncirculated and the very rare type of 1948. Attractive

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Estimate
HK$15,000 to HK$20,000