Watch List notes:

Bank of England, K.O. Peppiatt, 10/-, ND (1948), 71L 544248, red-brown with Britannia in crowned ornamental guilloche at left and value at right, reverse red-brown and blue with values to left and right,, (EPM B256), in PMG holder 65 EPQ Gem Uncirculated, a pleasing last prefix for type.

Estimate: £500 - £600