Watch List notes:

Government of the Falkland Islands, £1, 19 May 1938, serial number D 05344, blue, green and lilac, crowned portrait of George VI at left, value in blue tablet at right, printed signature of Malcolm Stewart, reverse blue, guilloche patterns, (Pick 5a, TBB B210a), in PMG holder 50 About Uncirculated, scarce.

Estimate: £350 - £450