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Auction: 20021 - The Mark T. Ray Collection of English Banknotes
Lot: 409

Bank of England, Cyril Patrick Mahon (1925-1929), £20, London, 20 April 1928, serial number 40/M 12303, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of Cyril Mahon low right
(EPM B217, Pick 322a), in PMG holder, paper maker's notch, 35 Choice Very Fine, less than ten examples believed extant, very rare, ex Spink sale 2003.

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Sold for
£3,800

Starting price
£1600