Watch List notes:

Treasury Series, John Bradbury, first issue £1, ND (7 August 1914), serial number T/4 044701, 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 T3.3, Banknote Yearbook TR10e, Pick 347), in PMG holder 45 Choice Extremely Fine, a very rare variety, no other examples of this type believed extant at time of cataloguing, ex Spink 2011.

Estimate: £800 - £1,000