Watch List notes:

Russia: City Government of Baku, lot with 12 banknotes, 1918 series, with 1 Ruble (P.S721, VG/F-, tiny missing part), 3 Rubles (P.S722, F-, margin split), 5 Rubles (P.S723, VG/F-, larger tears), 10 Rubles (P.S724, F-, toned paper, margin split), 25 Rubles (P.S725, F/F-, tears), 5, 15 and 50 Kopeks (P.S726-S728a, F- to VF), 10 Rubles (P.S731, F, tiny tears), 25 Rubles (P.S732, VG/F-, tiny missing part) and 2x 50 Rubles (P.S733a,b, VG and F). Nice set! (12 pcs.)
[taxed under margin system]