Watch List notes:

State Treasury Note, 1934 "5 Gold Rubles" High Grade Sequential Pair. Russia. Lot of 2 notes, Both are sequential 1934, 5 Gold Rubles, P-211, Issued banknotes, black on light blue underprint, S/N's TG 798820 - TG 798821 , One is PMG graded Gem Uncirculated 65 EPQ and the second Choice Uncirculated 64 EPQ, Another lovely pair of these scarce issues in high grade. From an original run of notes included in this auction.

Estimate: 500 - 800