Watch List notes:

Bank of England, P.S. Beale, £5, 1 April 1949, serial number M99 081951, 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 270), in PMG holder 65 EPQ Gem Uncirculated.

Estimate: £150 - £180