Watch List notes:

Bank of England, Percival Spencer Beale (1949-1955), £5 (2), London 20 January 1951, serial number T67 086649/086650, 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 B270), wrinkling to paper, extremely fine to about unc. (2).

Estimate: £200 - £300