Watch List notes:

Banque Nationale de Belgique, 5 francs, 1919, serial number J 696134, brown and pale orange, allegorical figures at left and right,(Pick 74b for type) In PCGS holder, Very Choice New 64 PPQ (lacking BNB watermark), rare in this grade.

Estimate: £500 - £700

SRN: Two notes shown on image, only one note will be offered in this lot.