Watch List notes:

Wellington Bank (Fox, Fowler & Co.) £5, 1 March 1921, serial number 26964, black and white, monogram at left, Established above, 1787 below, blue 'FIVE' underprint, manuscript signature of J. Howard Fox, reverse, blue, branch names at centre,(Outing 2306c), perforated CANCELLED,, in card mount with printed text low centre, toned at edges from framing,a pleasing extremely fine and rare, the last of the private banks to issue notes. A classic note..

Estimate: £800 - £1200