Guadeloupe Caisse Centrale de la France d'Outre-Mer 20 Francs ND (1947-49) Pick 33.
A cousin to the 10 Franc note issued by the French Overseas Treasury, which shares the same watermark. Even borders and excellent embossing highlight this note. PMG Gem Uncirculated 64 EPQ.

Estimate: $400 - $500