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Auction: 13037 - The Ibrahim Salem Collection of African Banknotes
Lot: 12

(x) Banco Nacional Ultramarino, 5 centavos, 19 April 1918, serial number BS 12004, grey on pale tan, shipseal at right, value at left, reverse black on pale tan, ship at centre, value at left and right
(Pick 49), ex Mel Steinberg. Extremely fine, scarce

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Estimate
£180 to £220