Watch List notes:

The East African Currency Board, 50 florins, 1 May 1920, serial number A/1 00005, dark blue and mauve-brown on multicolour underprint, George V at top centre, value in underprint at centre and at left and right, three printed signatures of Mercer, Bottomley and Ezechiel at low right, reverse mauve-brown, lion at low centre(Pick 12a, TBB B206a), in PMG holder 58 CHOICE ABOUT NEW, one tiny pinhole. A truly splendid banknote with fresh original paper and the bonus of a very low serial number. Unparalleled as an example of the banknote printers skills, a hansome and excessively rare note, possibly only one of two or three examples extant today. Important.

Estimate: £30000 - £35000