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Auction: CSS28 - Banknotes, Bonds & Shares and Coins of China and Hong Kong
Lot: 960

Timor, Banco Nacional Ultramarino, 5 patacas, 1.1.1924, serial number 130942, green and orange, ship at left, junk boat at right, arms top centre, black PAGAVEL EM TIMOR at right, reverse green, Mercury at centre,
(Pick 6), PMG 35, Choice Very Fine (minor rust).

Estimate
HK$12,000 to HK$18,000