Watch List notes:

Banque de l'Afrique Occidentale, 100 francs, Grand-Bassam, 15 April 1920, serial number F.49-627, red and pale green, sun setting over the sea, elephants low left and right, signatures of Prom and Nouvion, reverse pale blue,(Pick 11Dc, TBB B104Gf, Leclerc/Kolsky 119), in PMG holder 35 Choice Very Fine, Minor Rust, only one example listed on 'Track & Price' at time of cataloguing.

Estimate: £350 - £450