Watch List notes:

(x) Bank of England, Basil Gage Catterns, an Operation Bernhard 'Sachsenhausen' forgery £20 (2), 1930, 1933, prefixes 44M, 47M, black and white, seated Britannia in ornate circular frame at top left, value in black tablet low left, also a 'Bernhard' £10, 1932, prefix K102,, (EPM B229* B230*), first note repaired at low centre, pressed very fine, second and third notes good very fine (3).

Estimate: £150 - £200