Watch List notes:

(x) Standard Bank of South Africa Ltd., Southwest Africa, £1, 31 March 1942, serial number SW/1 272599, orange on multicolour underprint, sheep and tree at left, waterfall at right, value at centre and corners, reverse orange, kudu at centre, value at left(Pick 8b, TBB B203d), in PMG holder 30, very fine, rare in any grade, a nice example.

Estimate: £500 - £600