MACAO. Banco Nacional Ultramarino. 50 Patacas, 16.11.1945. P-32.A continuation of the series from the last lot with this higher denomination being more available but still quite scarce in pleasing mid-grades such as this piece and rare any better. Nice detail remains with dark slate blue inks making up the frame with blue and orange under-printing. Similar design and format to others of the series. A few minor repairs are sighted and mentioned by PMG in the comments section of the holder. An important piece to any advanced collection.PMG Very Fine 25 Net. Repaired.
