Stack's Bowers & Ponterio
April 2022 Valkenburg Auction 28 Apr 2022
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RUSSIA--NORTH CAUCASUS. Area Executive Committee of North Caucasus. 500 Rubles, 1918. P-S460. PMG About Uncirculated 55 EPQ.
Block B-7. One of just five examples graded by PMG for this elusive denomination. Farmers are depicted at left and right on the obverse, whilst a hammer and sickle in front of the sun are on the reverse at upper left. The highest denomination for the Area Executive Committee 1918 issue. PMG Pop 1/2 Finer.
Estimate: $1250 - $1750
Block B-7. One of just five examples graded by PMG for this elusive denomination. Farmers are depicted at left and right on the obverse, whilst a hammer and sickle in front of the sun are on the reverse at upper left. The highest denomination for the Area Executive Committee 1918 issue. PMG Pop 1/2 Finer.
Estimate: $1250 - $1750