Watch List notes:

France 20 Francs "Bayard" Pick 74 (Fayette F11.3) last date for this year type 31st December 1918 signatures Picard & Laferriere block F.6105 series 688 number 152605688, a presentable VF with the usual multiple pinholes to left body, small rust spots and a small 2mm tear to upper right margin. A desirable note now little over a century old in blue portraying Pierre Terrail, seigneur de Bayard on obverse and as watermark. The reverse illustrating a farmer in field sharpening scythe.

Estimate: 85-140 GBP