Description

Bhutan 20 Ngultrum Specimen Pick 9s, BNB B109as2
ND (1981), Royal Government of Bhutan
Serial Number: E/1 0000000 (specimen zero serial)
Printer: Thomas De La Rue & Company Limited, London
PCGS 67 PPQ — Superb Gem New, Perforated Cancelled

Obverse: Portrait of King Jigme Dorji Wangchuck (3rd King of Bhutan); royal emblem with Khorlo (Wheel of Dharma), one of the eight auspicious symbols; Dzongkha text; horizontal perforated SPECIMEN / OF NO VALUE cancellation
Reverse: Punakha Dzong (Palace of Great Happiness)

This specimen is cancelled by horizontal perforated text reading SPECIMEN / OF NO VALUE punched through both obverse and reverse — a De La Rue cancellation method used for archival and distribution specimens.

Further reading: Specimen Banknote Guide: Uses, Markings & Types

PCGS Certification: 59068769