One Pound, c. 1917, W/87 191127, large format essay on fully watermarked paper (cf. Dugg. T16). Light creases on corners, otherwise good extremely fine, rare £2,500-3,000

This lot was sold as part of a special collection, The Brian Ascroft Collection of Treasury Notes.

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Provenance: A. Karouni Collection, Part II, Spink Auction, 12 April 2005, lot 56

Printed by Waterlows; 12 examples believed extant