Watch List notes:

National Bank of Egypt, printers archival specimen £5, 11 January 1929, serial number M/20 000001-M/20 100000, green and purple on multicolour underprint, street scene at centre, CANCELLED perforation(Pick 19s), ink annotations, PCGS 58 OPQ, choice about uncirculated, scarce.

Estimate: £1,200 - £1,600