Watch List notes:

Banque Centrale des Etats de l'Afrique Équatoriale, Equatorial African States, specimen 100 francs, ND (1963), serial number O.0 A 00000, red-brown and pale yellow, an elderly gentleman of Chad at right wearing an embroidered cap, village with 'cases-obus' at left, signatures of Gautier and Panouillot, reverse brown and multicoloured, elephants,(Pick 3as, TBB B201as, Leclerc-Kolsky 552e), in PMG holder 63 Choice Uncirculated, scarce.

Estimate: £250 - £300