Watch List notes:

LEBANON: Specimen of 1 Livre (1952) in brown on multicolor unpt. Crusader at Saida (Sidon) at left on face. S/N: "C27 00000". Perfin: "SPECIMEN". Star punch holes. WMK: Man head. Printed by TDLR. Inside holder by PMG "Gem Uncirculated 66 EPQ". (Pick 55s2) & (PCLB# 86s).