Watch List notes:

French West Africa: highly rare and possibly unique banknote 25 Francs 1903 CONAKRY Specimen P. NL, not listed in Pick, Specimen note with Specimen perforation, zero serial numbers, two traces of glue from attachment at upper and lower center, light center bend, worm hole at upper left, minor split at upper left corner, minor boreder tear at upper right, otherwise crisp original with bright colors, condition: VF+.