Watch List notes:

French West Africa. Banque de l'Afrique Occidentale. 25 Francs. Grand-Bassam. 12 July 1923. P-7Db. Gray-brown and green. Elephant head bottom left and right, Gallic rooster top center; Legend in Arabic script on blue back. Some small nicks, nibbles with stain top edge, VF..

Estimate: $150-200