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Auction: 20021 - The Mark T. Ray Collection of English Banknotes
Lot: 474

Operation Bernhard, K.O.Peppiatt, Bernhard £20, London, 7 June 1937, serial number 54/M 31088, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left,
(EPM B243 for type, Pick 337a for type), hole cancellations and FAUX overprint, notch at right, very fine

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Sold for
£200

Starting price
£60