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Auction: 324 - The Numismatic Collector's Series Sale
Lot: 910

Madagascar. Banque de Madagascar. 50 Francs. Ca. 1937. P-38s. Specimen. Multicolor. Minerva at left, female allegory of Science at right; three cherubs around radiant bust on back. This design used only on Madagascar notes. Colors original and bright. AU-Unc., some light handling marks. Rare as a specimen.

Estimate
$1,400 to $1,600