Watch List notes:

Bank of England, Kenneth Oswald Peppiatt (1934-1949), specimen £5, London 24 January 1947, serial number L00 000000, 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 B264s, Pick 343s), red 'SPECIMEN' overprint, in PMG holder 64 Choice Uncirculated. Rare.

Estimate: £1500 - £2000