MADAGASCAR. Banque de Madagascar. 20 Francs, ND (1937-47). Pinhole. P-37(2). About Uncirculated.
A gorgeous 20 Franc note from the Bank of Madagascar with a pair of pinholes at left typical for the Bank. Bright colored paper with the second signature variety for the type represented. About Uncirculated.
Estimate: $50.00- $100.00