Watch List notes:

Bank of England, K.O.Peppiatt, £20 (2), 20 September 1934, serial numbers 49/M 12561-12562, black and white, ornate crowned vignette of Britannia at top left, value in black tablet at low left(EPM B243), fresh and original paper, good very fine and extremely nice examples for type (2).

Estimate: £1,600.00 - £2,000.00