Watch List notes:

Russia & Armenia (14) in mixed grades comprising Armenia 50 Rubles Pick 30 1919 (1920), Russia Transcaucasian Administrat 3 Rubles Pick S602, Russia Federation of Socialist Soviet Republics of Transcaucasia 10 Million Rubles Pick S631, Russia Federation of Socialist Soviet Republics of Transcaucasia 1 Million Rubles Pick S629, Russia Federation of Socialist Soviet Republics of Transcaucasia 500 Thousand Rubles Pick S628, Russia Transcaucassian Commissariat 250 Rubles Pick S607, Russia Transcaucassian Commissariat 100 Rubles Pick S606, Russia Volga-Kama Commercial Bank Grozny branch 100 Rubles number 05863, Russia 100000 Rubles Pick 117a, Russia 25000 Rubles Pick 115a, Russia 50000 Rubles Pick 116a, Russia Far East Provisional Government - Priamur Region 25 Rubley Pick S1248 (2) one with a red overprint on reverse and 100 Rubley Pick S1249

Estimate: 110-220 GBP