Watch List notes:

France: Banque de France, very nice set with 8 banknotes 5.000 Francs 22.10.1942, P.97c with running serial numbers, from Z.1072 535 up to Z.1072 542 in a very nice VF condition with a few pinholes and minor spots, only the last one with larger tear and margin split is about F- condition. Exceptional set! (8 pcs.)
[taxed under margin system]