Watch List notes:

Bank of England, Kenneth Oswald Peppiatt (1934-1949), Guernsey Overprints, £1, ND (1941), red serial number E15A 781681, green and pale blue, ornate crowned vignette of Britannia at left, value at right, overprinted text at centre 'Withdrawn from Circulation November 10th, 1941', reverse green, St. George and the Dragon at left and right, overprinted text repeated as on obverse,, (EPM B239C, Pick 363j), in PMG holder 65 EPQ Gem Uncirculated, scarce in this grade.

Estimate: £350 - £450