Watch List notes:

Russia: Huge lot with 33 banknotes, 1905-1938 series, comprising for example Northwest Russia 3 Rubles 1919 (P.S204b, F), Libau City Government 1 Ruble 1915 (Istomin 130.7, F/F-), 9x 50.000 Rubles 1921 (P.116, F- to F), 3x 1.000 Rubles 1917 (P.37, VF, one with small tear), 1 and 10 Rubles 1922/23 (P.127, 158, F- and VF), 1, 3 and 5 Rubles 1938 (P.213-215, F to VF+), 5 Rubles 1934 (P.212, VG/F-), City Government of Batum 2x 3 Rubles ND(1919) (P.S737, F and F+) and a few banknotes more. Additional two uncut sheets with 20x 20 Rubles each (P.38, VF) included in this set. (33 pcs. + 2x 20 uncut sheet)
[taxed under margin system]