Watch List notes:

Bank of England, Kenneth Oswald Peppiatt (1934-1948), £5, 'Thick paper', London, 21 October 1944, serial number E43 036925, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of Kenneth Peppiatt low right, (EPM B255, Pick 342), uncirculated, quite scarce in this grade.

Estimate: £220 - £300