Watch List notes:

Russia: Album with 13 pcs. of the Provisional Government 5% FREEDOM LOAN OBLIGATION with 25, 40, 2x 50, 2x 100, 2x 500, 2x 1000, 5000, 10.000 and 25.000 Rubles 1917, P.37A – 37I, some with cupons and in general in F- to F+ condition. Very nice set! (13 pcs.)
[taxed under margin system]