Watch List notes:

(x) Bermuda Government, £5, 17 February 1947, serial number R 269212, orange and multicoloured, head of George VI in oval frame at right, value at left, at low left a vignette depicting the cruise ship 'Monarch' in Hamilton harbour, signature of the Assistant Colonial Treasurer G.L.Young and the signature of the Colonial Treasurer W.W.Davidson low centre, reverse orange and green, arms at centre, value at left and right,(Pick 17a, TBB B118a, Aspen p.80), ex-David Saul Collection, Spink 2013. In PMG holder 50 About Uncirculated, rare and as a point of interest no examples listed on 'Track & Price' at the time of cataloguing.

Estimate: 3000 - 4000