Watch List notes:

(x) Bahamas Government, £5, ND (1945-47), serial number A/2 186817, blue on tan/orange underprint, George VI at right, sailing ship seal at left, value at corners, Higgs, Latreille and Burnside signatures, reverse blue and multicoloured, arms at left, value at right(Pick 12b, TBB B111c), in PMG holder 35 Choice Very Fine, a wonderful example and rare.

Estimate: 1000 - 1200