Watch List notes:

National Bank of Egypt, archival printers specimen proof £1, 6 January 1916, serial number range R/25 000001-R/25 100000, blue on red and green underprint, the Temple at Kansu and palms at left, value at right and each corner, reverse green on yellow, green and orange underprint, value at centre, (Pick 12sp, Hanafy M2bs, TBB B110as), perforated CANCELLED, ink annotation '23.12.15'. in top margin, in PMG holder, 64 Choice Uncirculated. Subject to 20% VAT on Buyer’s Premium. Not applicable to "Buy Now " offerings. For more information please view Terms and Conditions for Buyers.

Estimate: £ 800 - £ 1000