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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 Feb. 22 

Branch:  Leeds

Value:  £5.00

No.   T/145 95016

Signed:  B. G. Catterns 

Obv. A very slightly greasy mark at right side. Some unofficial numbers & signatures show through.

Rev. No. ‘44737’ & ‘39918’ stamped in black at bottom right side. Pale reddish mark at top right

         & faint ink ‘717’. Rectangular stamp at bottom right centre. Faint signature left of centre.

Grade:  Probably VF +  (the numbers & signature not accounted for). No nicks or tears.

              A reasonable grade for this scarce note.

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