Watch List notes:

(x) Banque de France, specimen 500 Francs, ND (1945-53), serial number O.000 00000 0047, purple and multicolour, Chateaubriand a centre with instrument, reverse allegorical figures, perforated and black overprint SPECIMEN, (Pick 129s, Fayette 34.0), in PMG holder 67 EPQ Superb Gem Uncirculated (Lin Zhan Wei Collection), only 1 has been recorded on T&P, and of inferior grade, scarce in such a high grade.

Estimate: £400 - £550