Watch List notes:

Bank of England, C.P. Mahon, £20, Manchester 27 July 1926, prefix 38W, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay the Bearer on demand the sum of Twenty Pounds', value in black tablet low left,, (EPM B217f) annotations removed, fine, one of only four known and therefore rare.

Estimate: £2000 - £2400