Watch List notes:

(x) New Hebrides, Emergency Issue, WWII, 5 francs, ND (1943), serial number 01662, green, black, and blue, two palm branches around 100 Frs value at centre, flanking cross of Lorraine at top centre, reverse, large 100 Francs at left and right on background of small NOUVELLES HEBRIDES pattern,, (Pick 1a, TBB B301a), in PMG holder 30 very fine, small tears, ex-Lin Zhan Wei Collection.

Estimate: £100 - £150