Watch List notes:

Central Bank of the Ukraine, German Occupation, 500 karbowanez (6), Rowno, 10 March 1942, red serial numbers 4.843665-670, brown, green and violet, a chemist at right, value in underprint left centre, reverse violet and green, value at centre,(Pick 57, Schwan-Boling 1269), good extremely fine to almost uncirculated and a handsome design (6).

Estimate: £250 - £300