Watch List notes:

Treasury Series, John Bradbury, first issue £1, ND (7 August 1914), serial number C 397627, 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 T2, Banknote Yearbook TR10b, Pick 347), in PMG holder 25 Very Fine, an extremely rare type, only one other example believed extant.

Estimate: £800 - £1,000