Watch List notes:

Khorezmian Peoples Soviet Republic, Russia, a group of the 1922 issue, including first issue 30000 rubles, second issue 10000, 100000, third issue 25 rubles, 20 rubles (2 colours),, (Pick S1100, S1105, S1106, S1107, S1108), generally very fine (6 notes).

Estimate: £60 - £80