PMG 20 Very Fine (1914132-002).
P.112.
Alphabet F.2200 - number 705, a rare and sought-after type in all states of preservation. This type is overprinted in red with the "countervalue of 10 new francs" on the left side at the watermark. Fewer than 10 examples are referenced in the PMG population database to date (Top pop: PMG 30).
PMG 20 Very Fine (1914132-002).
Nice copy with small tears in margins. TB+.