Watch List notes:

(x) Government of Gibraltar, £1, £5, £10, £50, 1986-1988, prefix L, E, A, A red, green, blue, mauve respectively, Queen Elizabeth II at right, also a set of notes from the 1995-2006 issues, including £5, £10, £20, 1995, £50, 1 December 2006, green, red/brown, purple and red/orange respectively, Queen Elizabeth II at right,, (Pick 20e, 21b, 22b, 24, 25, 26, 27, 34), uncirculated (8).

Estimate: £200 - £250