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Damn shame some moron's powder coated it, spoils the delicate feel of the lugs :-(
1930's gear system, 15 "bob" at the time - not many here will get that ;-)
https://velobase.com/ViewComponent.aspx?ID=97ef811d-d739-4726-9e71-53318ed712e1&Enum=108
The.Gren
Expensive bates for sale.
Very old looking though, id say pre war and with some very interesting and complicated two speed gearing system.
https://www.ebay.co.uk/itm/275419753041?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=t7Nqg5xCTFS&sssrc=2349624&ssuid=zb3kpnpgQlG&var=&widget_ver=artemis&media=COPY