Watch List notes:

Bank of England, K.O. Peppiatt, Replacement 10/-, ND (1948), 02A 473146, 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 B263), in PMG holder 35 Choice Very Fine, a scarce Replacement.

Estimate: £200 - £250