Watch List notes:

(x) Reunion, Ile de la Reunion - Tresor Colonial, 50 centimes, 1886, black, cherubs left and right, allegorical figures of Industry and Commerce at centre, black manuscript signatures, reverse black, medallic head at left and right, anchor at centre, signed by Campenon-Drouet,(Pick 8), PCGS Currency 40 Extremely Fine. Two pinholes at upper left. Choice condition for type and extremely rare.

Estimate: £1600 - £2000