Watch List notes:

Gibraltar Government 1 Pound Pick 12 dated 1st October 1927 serial number C235034. The note in green on yellow-brown underprint with the obverse featuring the Rock of Gibraltar and the reverse displaying Coat of Arms at centre. Presentable good Fine - about VF and the very Scarce note earlier Waterlow & Sons Limited London Wall, London printing

Estimate: 150-300 GBP