Watch List notes:

Carmarthen Bank, Carmarthen Five Pounds dated 1st July 1828 No. 476 For Waters, Jones & Co. singed John Waters, no underprint ( Outing 459b ), 1/3 duty vignette on reverse and overstamped Sir Jas. Esdaile, Esdaile, Grenfell & Co. on obverse with some staining & pinholes, inked letters and numbers and trimmed VG

Estimate: 120-150 GBP