Watch List notes:

Banque De L'Afrique Occidentale, a group of 4x 5 Francs, Dakar, dated 1918, 1919, 1928 and 1932, serial numbers D.411 564, 035 1112, 295 4050 and 998 4681, (Pick 5Ba, 5Be, 5Bf, TBB BAO B2Da2, B2Db2, B2Dh2, B2Dj2), about very fine to extremely fine, minor splits at edges and foxing (4).

Estimate: £60 - £80