Watch List notes:

Russia: North Caucasus, State Bank, Kislovodsk Piatigorsk-Batalpashchinsk Company, Independent Army, 3 Rubles 1918, P.S551, handstamp on back with "БАТАЛПАЩИНСКАГО КАЗНА", well worn condition with stained paper, taped tears and several holes. Condition: VG
[taxed under margin system]