NEW CALEDONIA. Banque de LIndo-Chine. 500 Francs, 1927-38. P-38p. Proof. PMG Gem Uncirculated 66 EPQ. A large format example of this 500 Francs Proof from New Caledonia. Exquisite detail and color stand out, with the front of the note displaying an allegorical female at left, foliage at left and ships at top. The reverse displays foliage at left, ships at top and a bare-chested woman at right. PMGs pop report lists this note as the only example for the variety graded by their service.
