PORTUGAL. Banco de Portugal. 20 Mil Reis, 1892. P-82pp. Progressive Proof. PMG Extremely Fine 40.
A progressive proof for this scarce type from Portugal. A handwritten annotation dates this to 1892. Very scarce in this format and one of only a few that we have seen as such. While a small piece is missing none of the actual design is affected. PMG Comments "Printer's Annotations, Piece Missing."

Estimate: $500.00 - $1000.00