Watch List notes:

Great Britain: intaglio printed sample vignette on card printed by Waterlow & Sons Lts intaglio in black color. Security printers annotation at lower border "Specimen for style of watermark" what shows that this trial was a pre-producion phase for a watermark to be used in banknotes. The vignette shows a ship and train as allegory for trade. Condition: UNC with slight staining.