Watch List notes:

China, Lung-Tsing-U-Hai Railway 1913 5% Gold Loan, Bonds for £20 (2) large format, black & blue, with coupons VF with coupons 1939-1961 stapled, Russia 4 1/2% State Loan of 1905 green and lilac, 2000 Reichsmarks VF with pencil annotation at the top right corner

Estimate: 15-30 GBP