Watch List notes:

France, under Nazi Occupation ~ 'État Français' (1940-44), Specimen 2-Francs, 1941, by Morlon, in aluminium, laureate head left, rev. denomination and date flanked by cornucopias, 2.9g (Gad 535a; Gem 114.5), flashy surfaces much as struck, in PCGS holder, graded SP64.
PCGS Certification #36122568
Estimate: £120 - £140