Watch List notes:

(x) Banque de France, 50 francs (2), 1914-15, serial number Z.5136 352, K.6429 105, blue on lilac underprint, women at left and right, angels at top centre, reverse, allegorical figures,(Pick 64e, Fayette 14.18), both in PMG holders 30 Very Fine and 40 Extremely Fine (2).

Estimate: £300 - £400