Watch List notes:

Banque de Syrie et du Liban, 1945 Specimen Banknote. Lebanon. Specimen 25 Livres, 1945, P-51s, ICG-60 AU/UNC. Perforated SPECIMEN. View of the ruins of the Umayyad mosque on obverse. Signatures of Busson and Letayf. Rare type with only 6 recorded issued examples. French printer.

Estimate: 3000 - 5000