Watch List notes:

Russia (3) City of Nikolaef 1912 Loan, first issue, blue bond for 945 Roubles/£100 sterling EF with 10 coupons, City of Nikolaef 1912 Loan, first issue, brown bond for 189 Roubles/£20 sterling EF both with traces of tape residue, Troitzk Railway Company 1910 4% Loan bond of 945 Roubles/£100 sterling, blue, EF with 6 coupons

Estimate: 25-50 GBP