Watch List notes:

Concentration Camp Oranienburg, Germany, Gutschein for 10 Pfennig, blue on white paper, camp factory at left with value below, coats of arms upper right, all within border, reverse value, text and printed signatures within borders, watermarked paper,, (Campbell 4037a, Feller GE-102a, Schwan-Boling 1062a), Extremely Fine, paper slightly soiled but retains good body. Two cancellation (?) holes in upper corners..

Estimate: £240 - £280