Auction: 19038 - The Lou Manzi Collection of English Banknotes - Part II
Bank of England, Kenneth Oswald Peppiatt (1934-1949), 2/6, ND (May 1941), no serial numbers, blue and dark grey, value at points of the compass, ornate background detail, reverse as obverse,
(EPM B254, Pick 364), in PMG holder 58 Choice About Unc. This issue prepared by the Bank of England due to a power shortage at the Royal Mint and thus an anticipated shortage of silver coinage. In the end the notes were never released and were sent down to Dungeness for destruction; some survived but all are very rare and most examples extant are in moderate condition or even slightly singed! In exceptional grade for type; rare and a fascinating piece of banknote history
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