Watch List notes:

Banque de Madagascar, 5 francs (6), first ND (1926, Dejouany and Saurin signatures, balance ND (1937, Dejouany and Chaudun signatures, all pale yellow and maroon, head of Juno at left, also 10 francs (5), ND (1926, 1937 (2), 1948 (2)), blue and green, woman with local produce in basket at right, also 50 francs, ND (1937), green, maiden at left and right, 100 francs (2), ND (1937), pale yellow and brown, allegorical local figures, Malagasy Republic, 50 francs (2), 5000 francs, 1966(Pick 35, 36, 38, 40, 61a, 60a, TBB B2a, b, 3a, b, c, B5b, 6b, IEM B11a, 10a), very fine to extremely fine, last note fine (17).

Estimate: £180.00 - £240.00