Watch List notes:

(x) Banque D'Etat Du Maroc, Specimen 20 francs, ND (1943), no serial number, dark blue and reddish brown, French text, buildings on hillside, reverse Arabic text, aerial view of Fez, (Pick 39s, TBB B225as), in WBG currency holder, 55 About Uncirculated, rare, particularly in such grade.

Estimate: £400 - £500