Watch List notes:

(x) Banque de France, specimen 20 Francs, ND (1942-50), serial number, O.00 00000, red and multicolour, Breton fisherman at right, reverse two women and a child at left centre, inverted perforation SPECIMEN at lower right, (Pick 100s, Fayette 13.0), in PMG holder 66 EPQ Gem Uncirculated (Inverted Perforation) (Lin Zhan Wei Collection), none recorded on Track & Price, rare.

Estimate: £300 - £400