Watch List notes:

Treasury Series, John Bradbury, second issue £1 (3), ND (23 October 1914), serial number prefixes J1/87, K1/44, L1/37, black and white, crowned head of George V top left, crowned vignette of Saint George and the dragon top right, value in black tablet at centre, pound symbol low left, (EPM T11.2, Banknote Yearbook TR14b, Pick 349a), in PMG holders, J1/87, 35 Choice Very Fine, K1/44, 53 EPQ About Uncirculated, L1/37, 40 Extremely Fine, scarce with an EPQ designation (3).

Estimate: £450 - £550