Watch List notes:

Armenian Socialist Soviet Republic, 1921 Issue Banknote Pair. Armenia, Lot of 2 notes, Includes 1921, 5000 Rubles, P-S679, Issued banknote, Blue on gray underprint, back blue over gray underprint, XF-AU Condition with a light vertical centerfold and a 1922, 25,000 Rubles, P-S681a, Issued banknote, Watermarked, Blue with arms at center, back blue, Uncirculated Condition,

Estimate: 60 - 120