Watch List notes:

Gibraltar Government 20 Pounds Pick 27a dated 1st July 1995 serial number AA 460230, crisp gem UNC and very eye-pleasing in this superb grade retaining original embossing and sheen. The note with a purple and violet obverse on multicoloured underprint featuring a portrait of H.M. Queen Elizabeth II at right, Gibraltar's Coat of Arms at far left and birds above iron ball cannon at centre left in underprint, also marks for the sight impaired at far left centre. The reverse in purple and violet on light blue and multicolour underprint illustrating HMS "Victory" at sea returning to Gibraltar 1805 and a portrait of Admiral Nelson. Segmented security thread and watermarked with H.M. the Queen same as on obverse.

Estimate: 60-120 GBP