Watch List notes:

Bank of England, K.O. Peppiatt, £5, Manchester 25 January 1938, prefix T285, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay the Bearer on demand the sum of Five Pounds', value in black tablet low left,, (EPM B241f), uncirculated, scarce in this grade.

Estimate: £1200 - £1400