Watch List notes:

(x) Standard Bank of South Africa Limited, Southwest Africa, £5, Windhoek, 6 February 1950, serial number SW/5 146402, red, pink, pale orange and green, Ruacana falls at right, Merino sheep at left, value at centre and at each corner, handstamped signatures of Johns and Schutz, reverse red and pale green, kudu at centre(Pick 9c, TBB B204e2), In PCGS Currency holder 25 Very Fine.

Estimate: £800 - £1,200