Watch List notes:

Banque de l'Afrique Occidentale, 25 francs, Dakar, 10 June 1926, serial number B.424-166, violet and green, sun setting over the sea, elephant low left and right, signatures of Boyer and Nouvion, reverse pale brown,(Pick TBB B102Df, Leclerc/Kolsky 57), last date of issue for type, paper still fresh, good very fine, scarce in this grade.

Estimate: £250 - £300