Watch List notes:

Banque Centrale, Etats de l'Afrique Equatoriale, Equatorial African States, specimen 500 francs, ND (1963), zero serial numbers, green and brown, palm tree at left, mining railroad tracks at centre, woman at right, reverse, satellite at left, desert oasis scene at centre, man riding camel at right, signatures Panouillot and Gautier,, (Pick 4s, TBB B202s, Leclerc-Kolsky 553s), pinholes at left, SPECIMEN perforated at right and overprinted in black at top left corner with control number '0030', in PMG holder 63 Choice Uncirculated, rare.

Estimate: £340 - £380