France. June 1, 1921 (Reissued July 16, 1935). $500. Specimen bond, 20 Year, External Gold Loan 7 1/2% Bond with overprint "Ownership Certificate filed Showing Foreign Ownership...". Evidently this bond was reissued with new terms right before WWII. Olive brown border and undertint, allegorical woman staring at globe with Arms of France on bottom. Coupons attached. XF condition. Rare French Government bond variety with only 2 or 3 known. ABNC.
Estimate: $120-200