Watch List notes:

(x) Albania, Republika Shquipetare, Korce, 1/2 Franc, 10 October 1917, C 07920, brown and black on green underprint, double-headed eagle at centre flanked by values and reverse green with value at centre and red handstamp upper-right,(Pick S145c, S145r) S145r in PCGS holder 53 About New, S145c with one centre fold, extremely fine (2).

Estimate: £150 - £250