Watch List notes:

Banque de l'Afrique Occidentale, 50 francs, Grand-Bassam, 12 June 1924, serial number A.62-221, blue and pale orange, sun setting over the sea, elephants low left and right, signatures of Boyer and Nouvion, reverse pale blue,, (Pick 9Db, TBB B103Gf, Leclerc/Kolsky 96), toned, almost fine.

Estimate: £100 - £120