Watch List notes:

(x) Banque de Syrie et du Grand-Liban, Lebanon, 1 livre, 1939, serial number Y.488-513, pink, blue and brown, value at low left and right, LIBAN 1939 overprint at low centre, Berard and Laferriere signatures, reverse multicoloured, shoreline scene at left and centre, Grand-Liban in blue top centre, (Pick A13b), in PMG holder 25 Very Fne, Only two other example with higher grade on PMG Population Report.

Estimate: £800 - £900