Watch List notes:

Germany 20000 Mark dated 1923 with a Scottish Unionist political overprint on reverse, "Vote Unionist and Protect Your Interests against unfair competition from abroad, where men work long hours for low wages and are paid in notes like this, which were formerly worth about £1000 and now cannot buy a crumb of bread, Defend your home industry and Vote Unionist", printed in Glasgow, edge tear, about VF

Estimate: 20-40 GBP