Watch List notes:

(x) Government of Gibraltar, a Franklin Mint specimen set of the 1975 Issue, lacking original envelope, comprising £1, red-brown, £5, green, £10, blue, and £20, bistre, all dated 20 November 1975, all Maltese cross serial number 003804, all portrait of Queen Elizabeth II by Anthony Buckley at centre right, Rock of Gibraltar at upper left, arms at lower centre, overprinted SPECIMEN diagonally in red on obverse and reverse,(Pick CS1; TBB BNP101), all in PMG holders 66 EPQ Gem Uncirculated, except £20 in PMG holder 65 EPQ Gem Uncirculated (4).

Estimate: 200 - 300