Watch List notes:

BANKNOTES. SHARE CERTIFICATES AND TRAVELLERS CHEQUES. Share Certificates from France relating to Aviation (27), some with coupons still intact, including École Nationale d'Aviation, 1911, rare; Le Moteur Laviatoe, 1911, very rare; Société Anonyme d'Applications Industrielles du Bois, 1919, rare; together with other Share Certificates (10), some with coupons still intact, including France, Taxis Citröen SA, 1924, and USA, Mary Murphy Gold Mining Co, 1909. Generally good very fine or better, a very attractive group, several scarce to rare. (37)

Estimate: £300-400