Watch List notes:

Standard Bank of South Africa Limited, Rhodesia, specimen £5, Durban 27 August 1896, serial number Z 113, pale yellow with blue border and blue central panel, red SALISBURY ISSUE vertically at left and right, reverse initials in red S.B.S.A.L.(Pick S133 for type, Hearn unlisted), perforated CANCELLED, pencil 'Salisbury' in top margin, red manuscript 'Specimen' at left centre, in PMG holder 40 extremely fine, excessively rare and possibly the only example believed extant.

Estimate: £4,000 - £6,000