Watch List notes:

Bank of England, Cyril Patrick Mahon, £50, Leeds, 14 October 1925, serial number 43/X 20215, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, (EPM 218d, Pick 323e), in PMG holder 30 Very Fine, small hole, rare.

Estimate: $3800 - $5800