T.H. Saunders & Co, printed Invicta Bank Note Paper ‘Specially prepared to stand folding and hard usage in any climate’; together with a specimen of watermarked paper [2]. Good extremely fine £80-100

This lot was sold as part of a special collection, A Collection of Proofs and Essays, the Property of a Gentleman.

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T.H. Saunders & Co, a British paper maker specialising in high quality watermarked paper, who also provided paper for the Bank of Spain