Watch List notes:

Bank of England, K.O. Peppiatt, £50, Birmingham 13 October 1937, prefix 91X, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay the Bearer on demand the sum of Fifty Pounds', value in black tablet low left,, (EPM B244a), lightly pressed, about extremely fine, reverse pink handstamp at upper right, one of only six recorded and a rare high-denomination branch note.

Estimate: £3000 - £4000