Watch List notes:

(g) NGC MS64 | France, Third Republic, Gold 20-Francs, 1908, Paris, security edge, 6.45g, 5h (Fb. 596a; KM 857), a scattering of faint surface marks, otherwise highly lustrous surfaces, good extremely fine, in NGC holder, graded MS64 (#1548780-019).

Estimate: £300 - £350