Paper and Proofs from the Portals Archives

The National Bank Limited, watermarked paper as used on the 1929 to 1934 issue including the £1, £5, £10 and £20, glued into blue card frame with ink annotation, as produced, the only example of this watermark in the Portals archive, extremely rare
PMI NA 74-77, Pick 151-154 £100-£150

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

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