Watch List notes:

(x) Bank of England, K.O. Peppiatt, 'Guernsey Overprint', £1, 1941, serial number E15A 701795, green, Britannia at left, value at right, purple overprint 'Withdrawn from Circulation November 10th 18th 1941.' at centre,, (EPM B239C), extremely fine and a scarcer variety with only 398 examples recorded.

Estimate: £300 - £400