Watch List notes:

(x) France, Banque de France, 50 francs, 15.11.1934, serial number 0.25 980, multicolour, Ceres at left, Park of Versailles at left, Mercury on reverse,(Pick 81, Fayette 17.1), PMG 55 About Uncirculated, first date of issue and the key date of this series. Very rare.

Estimate: £800 - £1000