Watch List notes:

(x) Bermuda Government, 5 shillings, 12 May 1937, serial number N/4 088000, brown and multicoloured, head of George VI in oval frame at top centre, the cruise ship 'Monarch' entering Hamilton harbour at low centre, the signature of the Assistant Colonial Treasurer G.L.Young, the Colonial Treasurer John Trimingham at right, reverse lilac, green and brown, arms at centre, value at left and right,(Pick 8b, TBB B108b, Aspen p.67), ex-David Saul Collection, Spink 2013. In PMG holder 66 EPQ Gem Uncirculated, scarce and this prefix not listed in the Banknote Book..

Estimate: 400 - 500