Watch List notes:

Ukraine, German Occupation, WWII, 500 karbowanez, 10 March 1942, serial number 4843645, (Pick 57, Schwan-Boling 1269), issued by Central Bank, in PMG holder 64 EPQ Gem Uncirculated, 3rd highest grade on PMG Census with only 8 notes in a higher grade, scarce with EPQ.

Estimate: £200 - £300