Watch List notes:

Banque Centrale, États de l'Afrique Équatoriale, Equatorial African States, 500 francs, ND (1963), serial number W.8A 0459, Chad, green and multicoloured, woman at right wearing a scarf, mining activity in background, signatures of Gautier and Panouillot, reverse green and multicoloured, a Tchadian camel and rider, telecommunication tower at left,, (Pick 4e, TBB B202e, Leclerc-Kolsky 553e), in PMG holder 64 Choice Unc., lithographed type, scarce.

Estimate: £150 - £200