Watch List notes:

France, Restored Kingdom, Louis XVIII (1814 / 1815-24), 5-Francs, 1814-L, 1e type, Bayonne {rose}, square-cut letters, rev. PIECE DE 5 FRANCS, crowned shield in wreath (Le Franc 308.8; Gad 591; KM 702.8), toned, good fine, scarce.

Estimate: £90 - £120