MACAU (SAR). Banco Nacional Ultramarino. 1 Pataca, 1.1.1912. P-7.

MACAU (SAR). Banco Nacional Ultramarino. 1 Pataca, 1.1.1912. P-7. KNB2. PMG Very Fine 25. A difficult Macau piece in issued form from the Banco Nacional Ultramarino. Tough date, and seen with the back displaying arms without crown. Even wear, with grade eye appeal. A perforated left edge. Estimate: $400 - $700. 1912年澳門大西洋國海外匯理銀行壹圓。 一枚難得的澳門大西洋國海外匯理銀行流通票。年份難覓，且背面可見無皇冠的盾徽圖案。流通痕跡均勻，觀感自然。左邊緣有穿孔。

Estimation:€0.88

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