Watch List notes:

Banque Nationale, Belgium, specimen 20 francs, ND (ca 1926), serial number 0000 Z 0000, brown, King Albert and Queen Elizabeth at left, TRESORERIE-THESAURIE at right, signatures of Hautain and Stacquet(Pick 98as), red SPECIMEN overprint, uncirculated and rare.

Estimate: £400.00 - £500.00