Watch List notes:

Palestine Currency Board, £5, 20 April 1939, red serial number B 951312, red-orange and pale green, the White tower, Ramleh, at left, value in pale lilac guilloche at centre, value at each corner, three printed signatures of the Members of the Palestine Currency Board at centre, Percy Ezechiel, John Caulcutt and Harold Downie, reverse red-orange, the Citadel of Jerusalem with Tower of David at centre, value at left and right and low centre, (Pick 8c, TBB B103c, Dabbah ), in PMG holder 58 About Uncirculated, extremly rare in this grade and consecutive to the following lot. The highest grade on Track and Price at time of cataloguing a 45 and that from several years ago.

Estimate: £6,000 - £8,000