Watch List notes:

Banque de Syrie et du Liban, Lebanon, specimen 50 livres, 1945, zero serial numbers, pale blue, mauve and multicoloured, the Beiteddin Palace at centre, roses at left and right, value in maroon top left and right, Busson and Letayf signatures, reverse pale blue and multicoloured, the Roman Temple of Bacchus at centre, grapes at right, olives at left, (Pick 52s, Ayoub p.130/131), mounting traces at left margin, star perforation, purple handstamp 'BILLET SPECIMEN NON REMBOURSABLE', extremely fine and rare.

Estimate: £600 - £700