Watch List notes:

Bank of England, J.G. Nairne, £5, Manchester, 7 April 1917, serial number 12/U 67460, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay the Bearer on demand the sum of Five Pounds', value in black tablet low left,
(EPM B208bf), various annotations, bankstamp on reverse, almost very fine, rare, considerably scarcer than the £100

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