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The method I use to scan this white banknote greatly enhances the watermark.

However, it also accentuates any creases and marks that might have been.

The note appears better than it looks from the scan 

Date:  1934 July 19

Branch:  London

Value:  £10.00

No.   K/140 26941

Signed: K. O. Peppiatt 

Obv. Nice clean front. Light crease down centre

Rev. NIce clean back. Light crease down centre. Possibly across as well ?!

Grade: EF?

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