Watch List notes:

Government Bank, Russia, 100 rubles, 1919, serial number XP 000000, grey on green and pink underprint, Imperial eagle at top left and right, reverse black on yellow and green underprint, framed portrait at left, hole punched, red SPECIMEN overprint, blue WATERLOW & SONS seal low right(Pick S149), very fine, a rare Waterlow colour trial.

Estimate: £500.00 - £600.00