Watch List notes:

Russia: Front and reverse SPECIMEN for the 25.000 Rubles 1923, lower signature: Oniker, P.183s, highly rare and very popular Specimen in excellent condition, just some soft creases in the paper at upper margin on front and reverse and small fold at upper right on the reverse, Condition: XF/XF+. Very Rare! (2 pcs.)
[taxed under margin system]