Watch List notes:

Treasury Series, N.F. Warren-Fisher, second issue, £1, ND (26 February 1923), serial number A1/13 266074, dot, green, brown, lilac and white, St. George and the Dragon at left, crowned head of George V in oval frame at right, value in central panel, reverse green and white, the Houses of Parliament at centre,, (EPM T31, Pick 359a, Banknote Yearbook TR18a), A1 the first prefix for series, black CANCELLED handstamp low left and top right, presumably so the note could be used as a specimen in the absence of true specimen notes. In PMG holder 35 Choice Very Fine, very rare.

Estimate: £1,100 - £1,600