Watch List notes:

Wellington Bank (Fox, Fowler & Co.) £5, 1 March 1921, serial number 26969, black and white, monogram at left, Established above, 1787 below, blue 'FIVE' underprint, manuscript signature of J. Howard Fox, reverse, blue, branch names at centre,, (Outing 2306c), perforated CANCELLED, toned at edges, uncirculated and rare. The last private banks to issue notes. A classic provincial note..

Estimate: £1,000.00 - £1,500.00