Watch List notes:

BULGARIA: 100 Leva Srebro (ND 1904) in multicolor with Arms at upper center. S/N: "234850". Signatures by Chakalov and Venkov. Printed by (Orlov, St Petersburg, Russia). Creases, tear at bottom center and right center margin, annotation on back. (Pick 5b) & (Kraptchev 12b). About Very Fine.