Watch List notes:

Bank of England, B.G. Catterns, £100, London 15 January 1931, serial number 39/O 77310, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay to Bearer on demand the sum of One Hundred Pounds' in text at centre, value in black tablet low left, printed serial number, date and signature,, (EPM B232, Pick 332), in PMG holder 35 Choice Very Fine and a rare high-denomination issue.

Estimate: £1,400 - £2,200