Algeria. French administration. Bank of Algeria. Issuing period: 1926 to 1942. Creation date: 28-06-1926. Issue date: 28-09-1928. Work by Georges Duval and engraving by Emile Deloche. Dimensions: 223 x 138 mm. Watermark: profile of a Moorish woman in the first medallion on the left. In another medallion on the right: watermark with a rosette. Front and back: polychrome print predominantly gray-green. Description of the front: on the left under the watermark, a portrait of a young Algerian woman (identical to the portrait of the 5 francs Type 1924). In the center at the top, the wording of the issuing institute "BANQUE DE L'ALGÉRIE", the value "FIVE HUNDRED FRANCS" and the date of issue are printed in dark blue. The signatures, numbering and date of issue are printed in black. In the middle, a distant view of the bay and the city of Algiers. Below, in a decorated medallion, the value "500" printed in dark blue. On the right, an allegory of France which illuminates Algeria, represented by a woman brandishing a torch and holding in the other hand an unrolled parchment containing article 139 of the Penal Code. A naked young man sits next to it. Three variants of signatures are known with The Managing Director, The Chief Cashier and The Secretary General. Description of the back: an imposing frame decorated with arabesques with a landscape of the Algerian countryside and its mountain range in the background. In the center, two young women. The first sits and paints a pattern on a jar and the second, standing, carries one of these jars on her head. Below, the value "500" is repeated twice in dark blue. Bottom center in a green cartouche, article 139 of the Penal Code in Arabic. The specimen is known as overprinted "SPECIMEN" in red in vertical on the right on the front and back. The note is watermarked, signed Moyse / Picard / Penalva, but not dated and not numbered. A second specimen identical to the previous one is known, but unsigned. A last specimen identical to the first is known, but dated "0-0-0000" and numbered "0.00 - 000". The photo note was sold in F grade at € 195 by cgb.fr, Live Auction Banknotes in October 2018 (lot # 4250467).