Watch List notes:

(x) National Bank of Egypt, £100, 1 September 1921, serial number K/2 064315, purple on multicolour underprint, The Citadel of Cairo at left, mosque at right, value at centre and each corner, reverse purple, feluccas and the ruins at Philae at centre, value top left and right(Pick 17a, Hanafy M3 for similar), in PMG holder 20, very fine, graffiti at top left and right, and on reverse, this is a very early date and is extremely rare in any grade.

Estimate: £3,000 - £4,000