Watch List notes:

Bank of England, K. O. Peppiatt, £5, London, 20th May 1947, serial number M22 058360, black and white, Britannia in ornate crowned vignette top left, value in black tablet low left,(EPM B264), a BYB plate note, on thick paper, uncirculated, a scarce first prefix.

Estimate: £200 - £300