Watch List notes:

Germany, regional occupation of Lithuania, WWI, State Loan Bank currency notes, Eastern Bank of Commerce and Industry, Posen (Poznan), specimen twenty five rubel, 17 April 1916, A 000000, MUSTER perforated below, two punch hole cancellation (P.R125s). Good extremely fine and rare. Provenance - Ex Ray Kaleda Collection.

Estimate: 300 AUD