Watch List notes:

Bank of England, Kenneth Oswald Peppiatt (1934-1949), £50, Liverpool 29 January 1936, serial number 85/X 29907, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay to Bearer on demand the sum of Fifty Pounds' in text at centre, value in black tablet low left, printed serial number, date and signature,, (EPM B244e, Pick 338c), small handstamp on reverse, in PMG holder 64 Choice Uncirculated; a scarce and attractive Liverpool branch issue in exceptional grade.

Estimate: £1400 - £1800