Watch List notes:

Paper Money - Belgium 12 expl. 20 a 500 Francs 1964-1972 PAPEL. 20 Francs 1964 (2), 50 Francs 1966 (2), 100 Francs 1972, 1975, ND (4), 200 Francs ND, 500 Francs ND. P 134, 138, 139, 140, 141, 147, 148. BC a MBC+
Fine to Almost E. Fine

Estimate: 30-45 EUR