British and Irish Banknotes

States of Guernsey, watermarked paper (3) showing the STATES OF GUERNSEY design used for an astonishingly long period of time, and on all banknotes issued between 1925 and the invasion of 1940, and then again from the liberation in 1945 until 1966, glued into a black think card frames, ink annotations on frame and paper, as produced, very rare (3 papers)
Pick 10-16, 42-44 £300-£400

Provenance: These items are directly from the Portals Paper Archive
These examples are from the middle period (c.1930-40)