Watch List notes:

UNION BANK OF AUSTRALIA LIMITED, printer's proof one pound, Launceston, 1st Jany 18-, imprint of Perkins Bacon & Co London, Patent Hardened Steel Plate, signature reverse cut out to cancel, pencilled 'from this' at bottom (MVR.2b). Glue tip marks on all back corners, otherwise extremely fine.

Ex Downie's promotion with information folder.