Watch List notes:

(x) Government of Gibraltar, 10 shillings, 1 May 1965, serial number D 525002, blue and pale yellow-orange, the Rock of Gibraltar at left, value low left and at each corner, also £1, 1 May 1965, serial number F 935002, green and pale yellow, the Rock low centre, value top centre and at each corner, also £5, 1 May 1965, serial number C 684002, brown and pink-orange, the Rock at low centre, all are signed by Ernest Davis(Pick 17a, 18a, 19a, TBB B115e, 116e, 117e), PCGS Currency 64, 55 and 62 respectively. The number 2 set for issue, exceptional (3).

Estimate: £600 - £800