Watch List notes:

Banque de l'Indo-Chine, New Caledonia, 100 francs, 1944, serial number A/O 342614, pale and dark brown, maiden at centre with statuette of Athena, signatures of Perraud and Tardieu, reverse brown and pale green, ruins, (Pick 46b, KM425), in PMG holder, perforated cancelled, 63 Choice Uncirculated, scarce.

Estimate: £200 - £250