Watch List notes:

Treasury Series, John Bradbury, first issue £1, ND (7 August 1914), serial number J/20 04146, black and white, head of George V in vertical panel at left; G above, R below, value in black panel at centre, pound symbol at right,, (EPM T3.2, Banknote Yearbook TR10d, Pick 347), in PMG holder 30 Very Fine, a scarce prefix.

Estimate: £300 - £350