Watch List notes:

(x) Commonwealth of Australia, £5, ND (1939-52), R/57 886148, deep blue on multicolour underprint, portrait of King George VI at left and arms at right, reverse upper left workers with sacks, bales and barrels, watermark Captain Cook.(Pick 27b) small tear in margin lower right corner and very minor foxing, but paper still firm and colours good, about very fine.

Estimate: £100 - £150