Banque de Madagascar, specimen 5-Francs, ND (1937), specimen 10-Francs, ND (1937) and specimen 20-Francs, ND (1937) (P.35,36.37), also specimen 500-Francs, 1951 (P.47a), the first three good extremely fine, the last note issued and good very fine, pinholed and numeral on reverse, scarce
VAT rate of 17.5% is payable on hammer price plus … Read more
Banque de Madagascar, specimen 5-Francs, ND (1937), specimen 10-Francs, ND (1937) and specimen 20-Francs, ND (1937) (P.35,36.37), also specimen 500-Francs, 1951 (P.47a), the first three good extremely fine, the last note issued and good very fine, pinholed and numeral on reverse, scarce

Details
Banque de Madagascar, specimen 5-Francs, ND (1937), specimen 10-Francs, ND (1937) and specimen 20-Francs, ND (1937) (P.35,36.37), also specimen 500-Francs, 1951 (P.47a), the first three good extremely fine, the last note issued and good very fine, pinholed and numeral on reverse, scarce
(4)
Special notice
VAT rate of 17.5% is payable on hammer price plus buyer’s premium.

Lot Essay

500-Francs illustrated