Watch List notes:

Bank of England, B.G. Catterns, £50, Liverpool 12 June 1931, prefix 61X, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay the Bearer on demand the sum of Fifty Pounds', value in black tablet low left,, (EPM B231e), in PMG holder, 50 About Uncirculated, handstamped at reverse '0/2/02978', one of only eight recorded, rare.

Estimate: £2,500 - £3,000