Watch List notes:

(x) Ministry of Finance, Turkey, 50 livres, AH 1341 ND (1926), serial number 031159, serie 8, (Pick 122a, TBB B104a), in PMG holder, small tears, 25 Very Fine. Highest grade on PMG Census is 35 at the time of cataloguing, scarce as issued - especially in such a presentable condition.

Estimate: £1100 - £1900