Watch List notes:

British Linen Bank, £20 (2), 1946, 1949, serial number L4 10/422, P4 3/468, blue with bank initials in red sun burst pattern at centre, bank arms top centre flanked by value, Britannia left centre, Mackenzie printed signature,, (PMS BL68d), annotations, fine (2).

Estimate: £80 - £120