Watch List notes:

Banque Nationale Djibouti, specimen 10000 Francs, ND (1984), serial number S.001 00000, brown and red on multicolour, woman with baby at left, goats in tree branches at right, reverse aerial view of harbour, diagonal red overprint SPECIMEN at obverse left, horizontal red number 019 overprint on watermark area,, (Pick 39s, TBB B104bs), in PMG holder 66 EPQ Gem Uncirculated.

Estimate: £150 - £200