Watch List notes:

(x) Government of Gibraltar, £1, 20 November 1975, serial number H606270, £5, 20 November 1975, serial number D802693, both with Rock of Gibraltar at low centre, value at top centre and each corner, reverse brown, arms at centre, value at left and right(Pick 18b, 19b, TBB B116h, 117h), £1 has one single worm hole otherwise about uncirculated, £5 uncirculated (2).

Estimate: £500 - £600