This a rare Replacement note in high grade. I have had a long look at the note under the magnifying light. There is no central fold at all. On one corner there are a couple of loose fibres which I think are from very light handling and inserting into a folder. Otherwise, the note is utterly outstanding. UNC is £440 in the EPM so this note is a great offer, over £100 below the book price. Outstanding banknote and a rare one.