Watch List notes:

BANKNOTEN

SCHWEIZ. Zeitperiode 1825-1881. Banque de Dépot & d'Emission, La Chaux de Fonds. 50 Franken o. J. / ND (1848). Richter/Kunzmann KA156a. Pick S418. Sehr selten / Very rare. Kleberest / adhesive hinge from collectors album. -II / About extremely fine.