Watch List notes:

Russia (4) Kokand-Namangan Railway Company 4 1/2% Gold Loan 1910, bond for £20, brown and black Fine, with 6 coupons, 4/12% Gold Loan 1910, bond for £100, blue and black, Fin, with 6 coupons, City of St. Petersburg 4 1/2% Loan 1901 Fine with some coupons, St. Petersburg Electric Lighting Company 1897 green and pale orange, bond for 250 Francs Good Fine, and GB The Chester Race Company Limited 1919 Certificate for One Share, Fine

Estimate: 15-30 GBP