1938 WHITE FIVE POUND NOTE MAY 11TH LONDON BANK OF ENGLAND PEPPIATT OPERATION BERNHARD B5-£5

A rare 1938 white five pound note issued by the Bank of England on 11 May, signed by Chief Cashier Peppiatt. This banknote holds exceptional historical significance as part of Operation Bernhard, the notorious WWII German counterfeiting scheme. Produced by skilled prisoners in concentration camps, these notes were meticulously crafted forgeries intended for circulation. A remarkable piece of wartime history and numismatic rarity, offering collectors both historical importance and investment value.