Watch List notes:

BANKNOTEN

ARMENIEN. Autonome Republik. Government Bank Erivan/Jerewan. Lot 1919. I Ausgabe. 5 Rubel. 10 Rubel (3). 50 Rubel. 100 Rubel (2). II Ausgabe. 5 Rubel (4). 10 Rubel & 25 Rubel. Pick 1, 2a, 4, 5, 14-16. III - I / Very fine-uncirculated.
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