Watch List notes:

(x) National Bank of Egypt, £1, 18 September 1924, serial number H/68 032,222, blue and red, camel at centre with city view in background, bank title top centre, Hornsby signature, reverse, ornate panel with bank logo at centre flanked by value(Pick 18, Hanafy M3), in PMG holder number 35, choice very fine, scarce in this grade.

Estimate: £550 - £650