Watch List notes:

(x) Banque du Congo Belge, specimen 50 francs, Emission 1950, M series, serial number 000000, black on multicolour underprint, Makele woman at right, Belgian Congo flag top centre, value in each corner and in ornate tablet at centre left, reverse, leopard, red SPECIMEN overprint, hole punched,(TBB B218hs, Pick 16hs), uncirculated.

Estimate: £350 - £450