Watch List notes:

One pound, Collins/Allen (1914) F 222696 F (R.20b) World War I emergency issue or 'Rainbow' pound. Flattened of many creases and folds, several holed through, a 2mm tear in bottom margin, otherwise good fine and very rare.

Ex Downies Sale, February 2004 (lot 2221) and private purchase from John Pettit Pty Ltd.
($13500-15000)