Watch List notes:

Banque de Syrie et du Liban, obverse and reverse composite essay for proposed 50 Piastres on board, Beyrouth, 1st September 1939, blue, view of Sultanieh at upper centre, lion heads at either side of Arabic title, President signature Forges, Assistant General Manager signature Laferriere, reverse, green and black,(Pick 37 for type), different colours from the circulated 1920 25 piastres, signatures changed to President and Assistant General Manager in Arabic, bank name, date and signatures were changed, unique and rare.

Estimate: £3,000 - £4,000