This is a really decent white Peppiatt £5 on the thin paper. Grade GEF previously but my grading is below this, but the note remains a great one to add to the collection. I think most would have this listed as a clear GEF. There is no soiling, no pinholes and no repairs. There is one light central fold and some light rippling on the top, so the grading is slightly reduced. I never seek to over-grade any note. Free UK postage as well, so what a good offer!