Watch List notes:

Chepstow Old Bank (Snead & Company), £5, 31 September 1865, serial number 16914, black and white, value at lower left, centre and top right, vignette of sticks bound by rope at left, manuscript signature at lower right, also a part issue Pembrokeshire Bank, Walters & Walters, £5, 18-, serial number 1550, black and white, castle top left(Outing 499b, 915b), cut cancelled, heavily toned, handstamped in red, good fine, second note cut cancelled, extremely fine (2).

Estimate: £150 - £200