Watch List notes:

RUSSIAN ORDERS, CIVIL WAR and SOVIET UNION , ORDERS OF THE SOVIET REPUBLICS, Complete Documented group of Makarov Ivan Semenovich. Group comes with: Order of Red Star. Award # 144, Type 1 "ГОЗНАК". Unique original 36mm silver nut. Order of Red Banner of Labor of Azerbaijan. Award # 72 (stamped on the silver nut). Comes complete with both silver plate and nut. Order's Book for the Order of Red Star (contains photo of comrade Makarov, wearing his 2 Orders). Order's Book for the Order of Red Banner of Labor of Azerbadjan (contains photo of comrade Makarov, wearing his 2 Orders) Extremely Rare and highly desirable fully documented early group in mint condition. Condition: Superb condition on both orders
Ex The New York Sale XXXIII, Baldwin's / Markov / M&M, January 9, 2014, lot 2077, item remaining unpaid by a collector from Kiev, Ukraine.

Estimate: $100000