Watch List notes:

Banque de Madagascar et des Comores, Comoros, specimen 5,000 francs, ND (1960-63), serial number 0.00 00000, multicolour, front, young Bara girl with plaits at right, workers in rice paddy in centre, Joseph Simon Gallieni at top left, reverse, Sakalava woman with plaits carrying baby on her back at right, huts and palm trees at left(TBB B105 Pick 6as), SPECIMEN across denomination at top left, small staple holes, very light toning, in ICG holder 55 almost uncirculated.

Estimate: £1,500 - £2,000