Watch List notes:

(x) Banque de l'Indo-Chine, Djibouti, 500 francs, 8 Marc 1938, serial number A.3 273, purple and pale green, France at left, ships and allegorical scenes in field, signature of Borduge and Baudouin(Pick 9b, TBB B14b), in PMG holder 64 CHOICE UNCIRCULATED, attractive and quite rare in this grade.

Estimate: £500.00 - £700.00