Watch List notes:

National Bank of Egypt, printers archival specimen £50, 21 March 1904, serial number F/1 05001-F/1 10000, black on red and yellow underprint, temple ruins at left, value at corners, SPECIMEN perforation duplicated in both directions at centre(Pick 5s), in PCGS holder 58 OPQ, choice about uncirculated, rare.

Estimate: £5,000 - £7,000