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Auction: 14009 - World Banknotes
Lot: 971

(†) Banco de Portugal, specimen proof 500 Escudos, ND (1928), serial number 1L 000,000, purple and blue on multicoloured underprint, portrait of Duque de Palmella at upper right, castle at lower left, arms at top centre, reverse green, bank arms at left, horses and carts beneath two trees at centre, one punch hole; also original envelope used for approval in 1928
(Pick 141s), signed approval dated 4 December 1928 endorsed in ink on obverse, otherwise fresh extremely fine and extremely rare

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Sold for
£6,500