Watch List notes:

Commonwealth of Australia, obverse and reverse archival photographs showing designs for £5 sterling, c.1911, black and white, seated female allegory at left, with sheep and wheatsheaf, reverse, female allegory at centre, sheep at left, bull at right(unlisted), this is a completely unknown design, and one of the earliest known designs for a commonwealth banknote, backed on card, which is hand dated 30/9/10, in excellent condition, unique and important (2).

Estimate: £1,000 - £1,500