Watch List notes:

(x) Banque de Syrie et du Liban, Lebanon, 50 livres, 1st January 1952, serial number F30 32744, brown on multicolour underprint, coastal landscape at left, reverse, rock formations in water, value at each corner, (Pick 59s), in PCGS holder number 25 PPQ, very fine.

Estimate: £420 - £520