Watch List notes:

(x) Bank of England, Kenneth Oswald Peppiatt (1934-1949), £1000, London, 15 October 1935, serial number 12/S 01045, black and white, ornate crowned vignette of Britannia top left, 'I promise to pay to Bearer on demand the sum of One Thousand Pounds' in text at centre, value in black tablet low left, printed serial number, date and signature,, (EPM B247, Banknote Yearbook BE283, Pick 341), in PMG holder 50 EPQ About Uncirculated, out of all Bank of England £1000 only four are graded by PMG out of which only 2 Peppiatt, this is the only example with an EPQ designation. Iconic and a wonderful example; extremely rare and the sure highlight of any Bank of England collections..

Estimate: £30000 - £32000