Watch List notes:

(x) Caisse Centrale de la France d'Outre-Mer, Saint Pierre et Michelon, 1 Nouveau Franc overprint on 50 Francs (2); ND; 07706, 072615974, Belain d'Esnambuc at left and ship top right, La Reunion text overstamped on both obverse and reverse.(Pick 30a., 30b.) uncirculated (2).

Estimate: £300 - £400