Watch List notes:

Palestine Currency Board, £5, 20 April 1939, red serial number B 951313 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 55 About Uncirculated, slight residue on reverse, a lovely fresh example and consecutive to the preceeding lot, extremely rare in this grade. The highest grade on Track and Price at time of cataloguing a 45 and that from several years ago.

Estimate: £5,000 - £6,000