Watch List notes:

Bank of England, Kenneth Oswald Peppiatt (1934-1949), £20, Liverpool 30 June 1934, serial number 54/W 27712, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay to Bearer on demand the sum of Twenty Pounds' in text at centre, value in black tablet low left, printed serial number, date and signature,, (EPM B243e, Pick 337b), in PMG holder 45 Choice Extremely Fine and rare.

Estimate: £1,000.00 - £1,200.00