Watch List notes:

Bank of England, Kenneth Oswald Peppiatt (1934-1949), £50, London 20 May 1936, serial number 57/N 30744, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay to Bearer on demand the sum of Fifty Pounds' in text at centre, value in black tablet low left, printed serial number, date and signature,, (EPM B244, Pick 338a), in PMG holder 58 Choice About Unc., rare in this grade, a lovely note.

Estimate: £1,200.00 - £1,600.00