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LIVE AUCTION Closing date Tuesday, October 2, 2018 Developing a good sales catalog requires being able to offer a fine selection of banknotes, with a wide range of lots, exceptional documents and a consistent set of items. The Live Auction of October 2, 2018 offers precisely such an excellent catalog. It is di- vided into two parts. The first one is dedicated to the Daniel Masson collection (France and Indochina), and the second one to a France and World selection. It is a true pleasure to present Mr. Masson’s collection to you. As an enthusiast philatelist, Daniel Masson walked through the door of our shop some 20 years ago and discovered the paper money universe. His reflexes as an experienced collector immediately guided him towards judicious purchases, i.e. rare banknotes, notes in good condition, small serial numbers, pedigrees … In a word, a meticulous and consistent selection. As he always offered reasonable prices, he managed to gather a wonderful collection. Today, his decision to sell it will enable him to materialize a 20-year long passion with a catalog and a sale which, we hope, will be a great success. The Pernoud or Mattei collections and Paper Money No. 26 bid sale as well as other re- markable pedigrees are the basis for this set of notes. Today, after spending some 20 years in Daniel Masson’s files, some true gems reappear: 4250008 The exceptional 25-Francs Paris alph.1 No.1 (lot No. 4250009), a splendid 200F Branch of Lyon (lot No. 4250008), one of the most beautiful known Flameng (lot No. 4250205), the smallest serial number of the 100F Merson in incredible condition (lot No. 4250093), the only known example of the 1873 25F Paris with erroneous dates (lot No. 4250012), or CGB Numismatics Paris 6