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Auction: 13037 - The Ibrahim Salem Collection of African Banknotes
Lot: 462

(x) Banque de Madagascar et des Comores, 50 Francs, ND (1951-52), brown and multicoloured, woman with hat at right, reverse man; 100 Francs, ND (1951-52), multicoloured, woman at right, reverse woman, boats and animals; 1000 Francs, 14 March 1950, multicoloured, man and woman at centre left, reverse ox cart
(Pick 45a, 46a, 48a), the first about uncirculated, the second PMG certificate 53 about uncirculated, the third pressed, otherwise good very fine (3)

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Estimate
£120 to £160