Watch List notes:

Bank of England, Kenneth Oswald Peppiatt, £100, London, 18 June 1938, serial number 59/O 02933, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, (EPM B245, Pick 339a), in PMG holder 55 EPQ About Uncirculated, paper maker's notch, rare, ex Karouni.

Estimate: $2100 - $3200