Watch List notes:

Institut d'Emission des Departements d'Outre-Mer, Reunion, 100NF on 5000 francs, 'Schoelcher', ND (1967), serial number K.142-628, pink-red and multicoloured, Victor Schoelcher at right, Postel-Vinay and Clappier signatures, DEPARTEMENT DE LA REUNION in borders, red overprint CONTRE-VALEUR DE 100 NOUVEAUX FRANCS, reverse multicoloured, local market scene(Pick 56b, Kolsky 447b, TBB IEDOM B208b), in PCGS holder 64 Very Choice New, scarce in this grade and a lovely note.

Estimate: £600 - £700