Watch List notes:

(x) Bank of England, K.O. Peppiatt (1934-1949), specimen £1, ND (1948), serial number R00 000000, green and pale blue, ornate crowned vignette of Britannia at left, value at right, reverse green, St. George and the Dragon at left and right,, (EPM B260s, Pick 369as), in PMG holder 53 AUNC, rust, previously mounted, red SPECIMEN overprint.

Estimate: £700 - £900