Watch List notes:

(x) Banque de Syrie et du Liban, Syria, 50 livres, 1 September 1939, serial number N/T 027515, dark brown, pale blue, pale orange and pink, street scene at left, green lozenge (type e) overprint, SYRIE in top margin, Berard and Laferriere signatures, reverse blue, dhows, (Pick 44, Djaroueh SY88), in PMG holder 45 CHOICE EXTREMELY FINE, stains, corner tip missing, rare in this grade. The highest grade on Track and Price at time of cataloguing 40.

Estimate: £1,000 - £1,200