Watch List notes:

Georgia: Georgian Autonomous Republic ND(1919-21) set with 13 banknotes with 50 Kopeks (VF), 1 Ruble (XF), 3 Rubles (XF), 5 Rubles (F+), 10 Rubles (F), 50 Rubles (F), 2x 100 Rubles (G/VG), 500 Rubles (F), 2x 1000 Rubles (F, F+) and 2x 5000 Rubles (F-, F), P.6 – 15. Very nice set. (13 pcs.)
[taxed under margin system]