Watch List notes:

Bank of England, John Gordon Nairne (1902-1918), £5, Plymouth 8 June 1917, serial number 22/U 05750, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay to Bearer on demand the sum of Five Pounds' in text at centre, value in black tablet low left, printed serial number, date and signature,, (EPM B208bh, Pick 304i), in PMG holder 25 Very Fine. A very rare branch of issue on a scarce-type note.

Estimate: £3000 - £3500