British Caribbean Territories, watermarked papers as used on the George VI notes of 1950-51, and the first Elizabeth II issues of 1953, featuring a sailing ship, glued into blue card frames, ink annotations on paper, as produced, rare, these being the only examples of this watermark in the Portals Archive (3 papers)
BNB B101-B106, B107a-B112a, Pick 1-6, 7a-12a £150-£200

These papers come directly from the Portals Paper archive