Watch List notes:

Bank of England, John Nairne (1902-1918), £5, London, 23 September 1915, serial number 63/D 32662, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of John Nairne low right, (EPM B208b, Pick 304a), in PMG holder 58 Choice About Uncirculated, paper maker's notch, ink stamps, a scarce Wartime issue and a second highest grade on PMG Census.

Estimate: £350 - £450