This is a very rare note indeed. The T12.3 notes hardly ever appear for sale and this one, is the Last Prefix (C2/1) and its First Run. It has been graded as VF but my grading is just shy of this. Some thinning below ‘Britain’ on the top right. The back of the notes indicates to me the note has been mounted in the past with backing of cardboard. It does not appear to be glue otherwise the note would h=be ripped. The note is clean and lightly toned. Overall, it is areally good note for the collection and is priced a long way below the EPM value. It is an excellent offer.