Watch List notes:

(x) Treasury Series, N.F.Warren-Fisher, second issue 10 shillings, ND (6 November 1922), red serial number W/74 160927, green, lilac and white, Britannia at left with Union shield and trident, crowned head of George V in oval frame at right, denomination in lilac central panel, reverse denomination in green central guilloche,, (EPM T30, Banknote Yearbook TR8, Pick 358), in PMG holder 66 EPQ Gem Uncirculated and the second highest grade out of 47 notes recorded on PMG population report, an exceptional grade for type.

Estimate: £250 - £350