Watch List notes:

Bank of Rhodesia and Nyasaland, £5, 1 February 1961, serial number Y/11 297631, blue on multicolour underprint, Elizabeth II at right, arms at top centre, Sable Antelope at low left, Richards signature, reverse blue, Victoria Falls, (Pick 22b, TBB B103b11), pressed good about uncirculated, a single light impression of a counting fold at lower-right nevertheless an exceptional example.

Estimate: £1,500 - £2,000