Watch List notes:

(x) Standard Bank of South Africa Limited, colour trial specimen £1, ND (c.1900-20), specimen number 369, black on orange, brown and green, Britannia at left with symbols of Empire and prosperity, value at centre and at each corner, reverse blue, turreted female head at centre, values at left and right, (Pick S422cts, Hern 405 for type), perforated, blue WATERLOW seal low right and red SPECIMEN NO VALUE overstamp at left and right, in PMG holder, previously mounted, erasure, 62 Uncirculated, a lovely design, scarce.

Estimate: £400 - £500