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Auction: 15008 - World Banknotes
Lot: 2462

(†) Banco de Portugal, specimen 500 Reis, 27 December 1904, no serial numbers, Ch 3, black on green underprint, value in guilloche at left, arms at top centre, black overprint REPUBLICA, reverse Mercury at right, value in guilloche at upper centre and in each corner, perforated CANCELLED
(Pick 105as), ink date '20. 11. 18' and annotations in top margin, otherwise good extremely fine to about uncirculated, rare

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Estimate
£100 to £200