Watch List notes:

Russia, State Credit Note, obverse and reverse uniface specimen 5 rubles (2), ND (1898-1909), obverse blue on multicolour underprint, value in Roman numerals at left and right centre, Arabic (Hindu-Arabic) numerals at upper and lower left and right, Allegory of Russia seated holding shield with double headed eagle and sword at centre, reverse blue, value at centre, women figure at corners, (Pick 3s1, 3s2, RPM unlisted 1.13.1O for similar), perforated specimen (obrazets) in Cyrillic, in PMG holders both 66 EPQ Gem Uncirculated, an exceptional grade, very rare (2).

Estimate: £1,400 - £1,800