Watch List notes:

China(4), Chinese Government Reorganisation Gold Loan bond for £100 Deutshe-Asiatische bank issue, VF, Chinese Government 1913 Reorganisation Gold Loan, bonds for £20, Deutsch-Asiatische Bank issues (3), vignettes of Mercury and Chinese scenes, (3) with coupons. NVF folded, Russia Black Sea Kuban Railway Company 4 1/2% bond loan of 1911 Fine, with some coupons, these repaired, Russia Armavir-Touapsec Railway Company 4 1/2% Bond Loan of 1909 Good Fine with 3 coupons

Estimate: 100-150 GBP