Watch List notes:

Bank of England, K.O. Peppiatt, £5 (3), London July 1947, serial numbers M69 070248/9, also including £5 January 1940, prefix B 388, black & white, ornate crowned vignette of Britania top left, value in black tablet low left, (EPM B264, B241), 1940 foxing, small holes and corner damage, otherwise fine, 1947 intact corners and no strong creases, both good very fine (3).

Estimate: £120 - £180