Watch List notes:

New Hebrides (2) 1000 francs issued 1975 series L.1 14357, signature 2 Panouillot/de Lattre, Pick20b, about UNC to UNC, 5 francs issued 1945, Provisional overprint (on New Caledonia Pick48), series N111346, Pick5, rust marks, Fine

Estimate: 45-65 GBP