Watch List notes:

Treasury Series, Norman Fenwick Warren-Fisher (1919-1928), second issue, £1, ND (26 February 1923), serial number Z1/8 852870, green, brown, lilac and white, St. George and the Dragon at left, crowned head of George V in oval frame at right, value in central panel, reverse green and white, the Houses of Parliament at centre,, (EPM T31, Pick 359a, Banknote Yearbook TR18c), in PMG holder 40 Extremely Fine and a scarcer 'control' note.

Estimate: £180 - £240