Watch List notes:

(x) National Bank of Egypt, £100, 1951, serial number CD/4 023550, (Pick 27a, BNB 127b), last prefix, in PMG holder 58 Choice About Unc, with only 1 example in a higher grade. A bright example that is rarely seen without any annotation or damage to paper. One of the best examples known. Elseroui Collection.

Estimate: £2000 - £3000