Watch List notes:

(x) French Indo China, Banque de l'Indo-Chine, specimen 500 piastres, ND (1951), serial number 0.000 000, multicoloured, allegorical figures of a woman (France) and child with a globe at centre, signatures of Minost and Laurent, value and bank title in red at top margin, reverse recto-verso printing, similar design, (Pick 83s), perforated SPECIMEN, in PMG holder 64 Choice Uncirculated, scarce.

Estimate: £400 - £500