Watch List notes:

Banque de l'Afrique Occidentale, specimen 100 francs, ND (1936), serial number 0.000-000, pale mauve, blue and pale yellow, two Foulah women at centre, value in blue top left and right, signatures of Keller and Poilay, reverse pale blue and multicoloured, girl with a basket on her head, also an issued example dated 1936,(Pick 23s, 23, TBB B110 for type, 110a, Leclerc/Kolsky 171,170), in PMG holders 58 EPQ Choice About Unc and 30 Very Fine, Tears, respectively (2).

Estimate: £350 - £450