Watch List notes:

New Caledonia: Banque de l'Indo-Chine – NOUMEA 100 Francs overprint on 20 Piastres ND(1939), signatures: Borduge & Baudouin, P.39, rusty staple holes at left and tiny dint at upper right corner, WBG graded 60 Uncirculated. Highly Rare!
[plus 19 % VAT]