PMG 25 Very Fine (1915805-001).
P.17b.
Alphabet L.25 - number 181, this "Haïphong" type is very rare and sought-after in all states of preservation. Some twenty examples are referenced in the population database, but it has been several years since any examples were presented at auction. In 2017, a similar example in a slightly better state of preservation, i.e. "TTB", achieved a price of 2,100 euros (excluding costs), or around 2,500 euros at CGB.
PMG 25 Very Fine (1915805-001).
Very nice despite old traces (from an old photo album), small holes left side in margin. Pr. TTB.
