Watch List notes:

Bank of England, K.O. Peppiatt, £5, Newcastle 2 February 1935, prefix T173, 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 B241g), very fine, black handstamp '42210' at upper right, Newcastle a scarce branch.

Estimate: £900 - £1100