Watch List notes:

(x) Government of Gibraltar, a group of the 1995-2006 Issues comprising £5 (2), 1 July 1995, green; £10, 1 December 2006, orange-brown; £20 (2), 1 December 2006, prefix AA and prefix AB, purple and violet, all portrait of Queen Elizabeth II by Terry O'Neill at right, coat of arms at left,(Pick 25a, 32a, 33a, TBB B123a, B124b, B125b), the third and fourth notes in PMG holders 65 EPQ and 66 EPQ Gem Uncirculated respectively, the remainder uncirculated (5).

Estimate: 120 - 160