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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:  1935 March 1

Branch:  Leeds

Value:  £5.00

No.   T/177 17923

Signed:  K. O. Peppiatt 

Obv. Slight ‘coffee’ stain (?) – centre left edge. Some unofficial numbers & signatures seep through

       

Rev. Coffee’ stain (?) in centre & right centre edge. No. at bottom right ‘418386’ & ‘25326’ (both inverted).

        Faint signature bottom left & centre left edge.

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

            A reasonable grade for this scarce note.

Price:  £475.00

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