Watch List notes:

SWITZERLAND: 5 Franken (4.12.1942) in red, blue and black on olive-green unpt. William Tell monument in Altdorf at left on face. S/N: "23U 005549". Signatures by Blumer, Bachman & Rossy. Printed by OFZ. Inside holder by PCGS "GEM UNC 66 PPQ". (Pick 11j).