Watch List notes:

(x) Banque de Syrie et du Liban, Lebanon, 100 livres, 1945, serial number R.10 525, red and multicoloured, ornate Arabesque design in field, value at each corner, Busson and Letayf signatures, reverse blue-green and multicoloured, Cedar tree at right, Mount Lebanon at left, value in red top left and right,, (Pick 53, Ayoub p.132/133), in PMG holder 30 NET very fine, repaired, attractive colours, rare in any condition. The classic 'carpet' note, one of the most attractive and iconic world banknotes. Rare in issued form.

Estimate: £7,500 - £9,500