Watch List notes:

Banque d'Etat du Maroc, Morocco, 1000 francs, 1 February 1921, serial number V.12-691, blue and pale orange-pink, view of the city of Marrakesh at right, reverse blue and purple, Arabesque designs in field, archway at right, (Pick 16a, Kolsky 524a), in PMG holder, rust, pinholes, 20 Very Fine, first date for type, only 3 graded on PMG population report at the time of cataloguing, a handsome note and a classic Morocco design.

Estimate: £250 - £350