Watch List notes:

(x) National Bank of Egypt, specimen £5, 1946, serial number AB/4000001-AB/6 100000, blue-green and multicoloured, the Mosque of Muhammad Ali Pasha at left, King Farouk at right, the Citadel of Cairo at left, reverse green, river God (Nilos) and his thirteen sons, (Pick 25as, TBB B124as, Hanafy M4a), ink date '17.9.46' in top margin, in PCGS holder 64 Very Choice New, apparent, perforated cancelled, small paper pull at UR, minor mounting remnants on back.

Estimate: $800 - $1200