Watch List notes:

Alle Welt: Madagascar: 100 Francs ND(1892-1893) with red overprint dated 1926 of the "BANQUE DE MADAGASCAR" on a not issued 100 Francs note of Banque de France. A very interesting banknote and early issue of Madagascar. This example in nice collectable condition with folds and handling in paper, a 1cm tear at right border but still crisp original paper and colors, not washed or pressed, only 2 pinholes at upper left. A nice clean condition for this type of banknote: F to F+.