Watch List notes:

National Bank of South Africa Limited, £20, Pretoria, 30th July 1910, serial number D 10257, blue and pale pink and yellow, maiden at left with cornucopia, Victoria Falls in background, outspan wagon low centre, signature low left and right(Pick S unlisted for Pretoria), perforated CANCELLED, a lovely fresh and original example, almost extremely fine and very rare especially as an issued note.

Estimate: £1,400 - £1,800