Watch List notes:

Russia: Album with 21 banknotes containing for example for the STATE BANK OF EKATARINODAR 10 Rubles 1918 (Rentention amount 50.000 Rubles) P.S495b (F/F+), NORTH CAUACASUS - PROVISIONAL CENTRAL ADMINISTRATION OF THE BRANCH OF THE NATIONAL BANK 100 Rubles 1918 P.S453 (F-), AREA EXECUTIVE COMMITTEE OF THE NORTH CAUCASIAN SOVIET 500 Rubles 1918 P.S460 (F/F-), NORTH CAUCASIAN EMIRATE 100 Rubles 1919 P.S474b (XF+), 500 Rubles 1919 P.S477a (F/F- with minor repairs) and many more. Great collection! Viewing recommended! (21 pcs.)
[taxed under margin system]