Watch List notes:

New Caledonia: 100 Francs 1914 Noumea Banque de l'Indochine P. 17, with block letter D.8, rare because only 3 types of this issue with D block are known to exist today, used with folds and pinholes, no tears, no repairs, original as taken from circulation, still a bit stongness in paper and nice colors, condition: F.
[taxed under margin system]