Uncut Sheet of (25) Fr. 1226. 3 Cent. Third Issue. PMG About Uncirculated 50.A very large full uncut sheet of 25 notes which will certainly be well received by the fractional collecting community. Light sheet folds make up the circulation with strong original paper throughout. All seen with the light background in the portrait. A rare item worthy of a premium bid. PMG Comments "Previously Mounted" which appears to be very minor as we cannot see and mounting remnants through the holder.