Watch List notes:

World Currency
French Somaliland Banque de l'Indochine, Djibouti 5; 20; 20 Francs ND (1928-38) Pick 6b; 7A; 7s Three Examples PMG Choice Very Fine 35 (2); Gem Uncirculated 66 EPQ. A nice variety of three notes from the 1927 to 1941 series of Banque de l'Indochine with the Djibouti overprints. The two issued notes in the group are well preserved and visually appeal is present. The Specimen 20 Francs is seen here in high grade with the "exceptional paper quality" designation. The grading company mentions tears and pinholes on the Pick 7A example which are typical on the early large size notes. From the The Ibrahim Salem Collection of Islamic Countries Part I https://currency.ha.com/itm/world-currency/french-somaliland-banque-de-l-indochine-djibouti-5-20-20-francs-nd-1928-38-pick-6b-7a-7s-three-examples-pmg/a/4041-24040.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4041-11152022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved

Estimate: 560-840 USD