Watch List notes:

Bank of England, P.S. Beale, £5 (4), London March, June & July 1949, M90, M98, N55, N91, black & white, ornate crowned vignette of Britania top left, value in black tablet low left, (EPM B270), various annotations, some staining and some worn edges, paper quality still fine to good fine (4).

Estimate: £100 - £150