Watch List notes:

Institut d'émission de l'Afrique Occidentale Française et du Togo, 50 francs, 5 October 1955, serial number U.6-13001, blue and multicoloured, bearded African with red hat, market scene and Sudanese fort in background, signatures of du Montcel and Julienne, reverse blue and multicoloured, man with bananas,(Pick 44, TBB B301a, Leclerc/Kolsky 205a), in PMG holder 63 Choice Unc., scarce.

Estimate: £300 - £400