Watch List notes:

Institut d'Emission des Departements d'Outre-Mer, Reunion, 20 nouveaux francs on 1000 francs, ND (1971), serial number C.3 99048, multicolour, two ladies (Martinique and France) in elaborate headdress at right, red CONTRE-VALEUR DE 20 NOUVEAUX FRANCS overprint low centre left, Postel-Vinay/B Clappier signature, reverse, men in canoe(Pick 55b, TBB B7a), in PCGS holder 67 PPQ, gem uncirculated, scarce and a pretty note.

Estimate: £300.00 - £400.00