This looks like a VG to me. The low number 8 is whats really going to bring the value up. In past auctions there was a $25 French #000005 in slightly better condition (with no tape job) and the price was listed at almost $10,000. A little exagerated i think but for your note you may still be able to get $4,500 for it. Do not try restoring it! This can do more harm than good.