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50 Francs banknote from Saint-Pierre-et-Miquelon, issued by the Caisse Centrale de la France d’Outre-Mer. This French overseas territorial issue features classic mid-20th-century engraving, with a maritime explorer portrait on the front and richly detailed allegorical artwork on the reverse, reflecting France’s colonial and seafaring heritage. The note is Pick #30 and dates to the circa 1950 ND issue. It has seen circulation and shows multiple folds, soft corners, light discoloration, and overall handling, consistent with a lightly circulated (approximately VG–F range) example. Paper remains intact with no major tears or repairs observed. A visually striking and increasingly desirable issue from a small and short-lived French territory, well suited for collectors of French colonial notes, maritime themes, or overseas emissions.