Watch List notes:

National Bank of Egypt, £1, 24 June 1924, serial number H/24 077909, red and blue on multicolour underprint, camel at centre, Pharaohs at top left and right, value at low left and right, Hornsby signature(Pick 18, Hanafy M3), some thinning along central fold, otherwise fine, scarce.

Estimate: £400 - £600