Watch List notes:

Mafeking Siege, South Africa, £1, 1900, serial number 18, dark blue text on blue cardlike paper, arms top centre, value at centre and top left and right, soldiers, woman and child and howitzer 'Wolf' at centre, seal of the Bechuanaland Protectorate top right, manuscript signatures of Mr R.Urry, the Manager of the local branch of the Standard Bank low left, Capt.H.Greener, the Chief paymaster, low right,
(Pick S655a, Ineson 144), in PMG holder 62 Uncirculated, previously mounted. The rarest of Mafeking issues in this striking blue. The sole top grade example on PMG Population Report. Rare in high grade with an extremely low number!