Watch List notes:

(x) Commonwealth of Australia, £1, ND (1927), serial number K/44 216431, dark olive-green on multicolour underprint, portrait of George V at right and arms at left with value at centre, reverse green with scene of Captain Cook's landing at Botany Bay,(Pick 16c), very fine, multiple staple holes at left and several vertical folds but nevertheless an attractive example on firm paper.

Estimate: £250 - £350