Watch List notes:

Lebanon Banque de Syrie et du Grand-Liban 25 Piastres Pick 1a dated 1925 series Q.13 290 number 00315290 Forges and Laferrierre signatures. Multicolour featuring value in blue low right on obverse and water mill (Mill of Hama) on reverse and watermarked Corn plant. Ayoub states Rare, 18 examples believed extant. Fine

Estimate: 150-300 GBP