Watch List notes:

Estonia: Eesti Vabariigi Kassatäht, lot with 12 banknotes, series ND(1919), including 5, 10, 20, 50 Penni (P.39, 40b, 41(VF), 42, UNC) and 1 Mark (P.43, VF), 3 Marka (P.44a, UNC), 5 Marka (P.45, UNC), 10 Marka (P.46d, XF/XF+), 25 Marka (P.47a, VF), 2x 100 Marka Seeria III (P.48c, F- and VF with small missing part lower right) and 500 Marka Seeria II (P.49b, F/F-). Very nice lot! (12 pcs.)
[taxed under margin system]