Watch List notes:

France: Banque de France 50 Francs February 17th 1938 "Cérès" with signatures: Rousseau & Favre-Gilly, P.85b (Fay.18.9), scarce date, still nice condition with a few pinholes at right, some minor spots and a few folds, Condition: VF.
[taxed under margin system]