Watch List notes:

Bank of England, Kenneth Oswald Peppiatt (1934-1949), £5, London 15 June 1938, serial number B/236 00010, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay to Bearer on demand the sum of Five Pounds' in text at centre, value in black tablet low left, printed serial number, date and signature,, (EPM B241, Pick 335a), in PMG holder 53 About Uncirculated and scarce in this grade.

Estimate: £250.00 - £350.00