Watch List notes:

Banque de l'Algerie, Algeria, 100 francs, 13 October 1911, serial number Z.251 477, blue and white, allegorical figure at left and right representing Industry and Agriculture, Medusa head low centre, signatures of Chenu, Moreau and Pantin, reverse blue and white, allegorical figures representing Agriculture and Navigation in field, (Pick 74, TBB B120c), in PMG holder, restoration, 30 Very Fine. A lovely early example in the French style, one of two top grade example on PMG Census..

Estimate: £1000 - £1500