Watch List notes:

(x) National Bank of Egypt, £100, 15 December 1944, serial number K/7 014534, red and green on multicolour underprint, the Citadel of Cairo at left, minarets at right, value at centre and corners, Nixon signature, reverse feluccas and the ruins at Philae top centre, (Pick 17d, Hanafy M2.3), unusually no grafitti, a pleasing and solid very fine, quite rare in this grade.

Estimate: £500 - £600