The National Bank Limited, watermarked paper as used on the 1937 to 1964 Northern Irish issues (2), used on all denominations including the £1, £5, £10 and £20, one example unmounted, the other glued into a cream paper frame with ink annotation, as produced, the unmounted example with one fold, rare (2 papers)
PMI NA 78-87, Pick 155-161 £100-£150

This lot was sold as part of a special collection, Paper and Proofs from the Portals Archives.

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