Watch List notes:

(x) Banque de L'Indo-Chine, 20 piastres, 1920, serial number K.80 432, pueple, seated woman at left, two women at right, also a contemporary counterfeit 5 piastres, ND (1932), 500 piastres, blue and yellow, men on irrigation work,, (Pick 41, 53x, 68), first note fine, second uncirculated, third very fine (3).

Estimate: £120 - £180