Watch List notes:

Italy: Set of 12 notes, all REPLACEMENT notes, containing 1000 Lire 1948 letter "W" P. 88ar (VG), 100 Lire 1965 P. 96dr (black grafitti, F to F-) letter "X", 500 Lire 1974 P. 94r letter "W" (VF), 10.000 Lire 1966 letter "W" P. 97cr (F-), 1000 Lire P. 101dr letter "XA" (F-), 1000 Lire P. 109br letter "XF...A" (F-), 5000 Lire P. 111br letter "XC...A" (F+), 500 Lire 1948 Bi545sp letter "W" (G), 1000 Lire 1949 P. 88br letter "W" (F-), 1000 Lire P. 109br letter "XF...B" (F-), 500 Lire 1979 P. 94r letter "W" (VF) and 1000 Lire 1949 P. 88br letter "W" (F), nice set. (12 pcs)
[taxed under margin system]