Watch List notes:

Standard Bank of South Africa Limited, Southwest Africa, colour trial £1, Windhoek, ND (1931), no serial numbers, blue and multicoloured, rams under tree low left, falls at right, reverse blue and pink, kudu antelope and mountains,, (Pick 8ct TBB B203t), in PMG holder 64 Choice UNC, perforated, red SPECIMEN WATERLOW & SONS LTD overprint, rare.

Estimate: £700 - £900