Watch List notes:

France 50 Francs "Ceres" Pick 85b (Fayette F18.15) dated 15th September 1938 signatures RP. Rousseau and R. Favre-Gilly block J.8488 series 591 number 212183591, presentable about VF with a single set of Pinholes to left body and an overall pleasing and eye-catching example. Multicolour featuring an illustration of Ceres to left obverse, a reclining allegorical woman's figure to lower right and Park of Versailles in the background. The reverse illustrating Mercury at right holding The Caduceus staff.

Estimate: 45-85 GBP