Watch List notes:

10000 Francs 1954 P. 132d, Fay 50.72. This large size banknote with beautiful design in typical french style is in extraordinary condition. The note has never been folded, has no tears and is crisp original as it came from the printing works. Normally it would be UNC but because of 2 tiny pinholes at lower left and a very light stain at upper right we grade it aUNC. Because of the size this type of note is rarely seen in this condition: aUNC.