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Auction: 18016 - Bonds and Share Certificates of the World Online Auction
Lot: 318

Russia: City of Baku, 4% Loan, 1919, bond for 500 roubles, series 1237 #39, city arms at top, multicoloured border with considerable eastern influence, lacks coupons. Issued during the Civil Wars that developed after the October Revolution. Small edge splits, F-VF and scarce.

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Estimate
£150 to £180