Watch List notes:

Banque de la Reunion, 25 francs, ND (1929), serial number Q.22-683, black text on blue and white, signatures of Didellot, Des Sagettes and Vally, reverse brown and white(Pick 18, Kolsky 406e), very fine with some fabric to the paper, scarce.

Estimate: £1,000.00 - £1,200.00