Watch List notes:

Banque de Syrie et du Liban, Lebanon, specimen 100 livres, 1945, zero serial numbers, red and multicoloured, ornate Arabesque design in field, value at each corner, Busson and Letayf signatures, reverse blue-green and multicoloured, Cedar tree at right, Mount Lebanon at left, value in red top left and right, stars perforated,, (Pick 53s, Ayoub p.132/133, PCLB 71x), tape residue at reverse right, tape at lower left, stains at left margin, two centre folds, ink writing at lower right, attractive colours, in PMG holder 50 NET About Uncirculated. Rare in any condition, this is the classic 'carpet' note, one of the most attractive and iconic world banknotes.

Estimate: £1,500 - £2,500