Watch List notes:

(x) Banque Centrale des Etats de l'Afrique de l'Ouest, Togo, 5000 francs, ND (1977), serial number M.2872 T 175, multicolour, man at left, ornate panels at left and right, factory building low centre, reverse, woman at right, corn grinding at centre with village houses in background, (Pick 804Tm), in PCGS holder number 58, choice about new, PPQ.

Estimate: £400 - £450