Watch List notes:

New Caledonia: 100 Francs 1914 Noumea Banque de l'Indochine P. 17, with block letter Y, rare because only 2 examples of this issue with Y block are known to exist today, used with folds and pinholes, minor tears, center tears, no repairs, original as taken from circulation, still a bit stongness in paper and nice colors, condition: F.
[taxed under margin system]