Watch List notes:

Bank of England, Cyril Patrick Mahon (1925-1929), £5, Manchester 8 April 1925, serial number 247/U 56681, 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 B215f, Pick 320b), in PMG holder 35 Choice Very Fine, faint number top right, scarce.

Estimate: £500 - £700