World Banknotes

Mercantile Bank Limited, Hong Kong, watermarked paper with coloured paper fibres and full watermarked border for the $50 of 1935-41, glued into blue card frame, ink and pencil annotations, as produced, rare, this being the only example in the Portals archive to feature the zig-zag border
BNB B226a, Pick 240 £80-£100

These items are directly from the Portals Paper Archive