Watch List notes:

(x) Bermuda Government, 5 shillings, ND (1937), serial number H/3 799192, brown on multicolour underprint, George VI at centre, liner 'Monarch' in Hamilton harbour at low centre(Pick 8b, TBB B108b), this prefix outside those listed in TBB, in PMG holder 66 EPQ, gem uncirculated.

Estimate: £200.00 - £250.00