Watch List notes:

Bank of England, J.G. Nairne, £5, Liverpool 11 April 1917, serial number 15U 66186, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay the Bearer on demand the sum of Five Pounds', value in black tablet low left,, (EPM B208be), in PMG holder 35 Choice Very Fine, paper maker's notch, a scarce Liverpool branch example.

Estimate: £800 - £1,200