Watch List notes:

Bank of England, K.O. Peppiatt, £5, London, 12 August 1938, serial number B/262 10248, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of Kenneth Oswald Peppiatt at lower right,, (EPM B241), about uncirculated, quite scarce in this grade.

Estimate: £250 - £300