Watch List notes:

Private Traders Note (George Shenton), unissued remainder 1 Pound Sterling at Perth, 18__ (ca.1865), (MVR fig 29) made on watermarked paper, minor creases at upper left centre and a prolonged at upper margin, small rust mark at upper margin and a pinhole at lower right, otherwise about uncirculated, nice and scarcely seen on the market.

Estimate: £350 - £400