Watch List notes:

African Banking Corporation Limited, Transvaal Issue, South Africa, a printers archival specimen £10, Johannesburg, 189-., no serial numbers, black and pale blue, maiden standing at left, value at centre and at each corner, reverse blue, map of Africa at centre, value at left and right,, (Pick S555 for type, Hearn 4), two small perforations, red SPECIMEN overprint, in PMG holder 53about uncirculated and very rare, a lovely note.

Estimate: £700 - £900