Lot 12 Armenia, Government Bank, Yerevan Branch, 1920 Second Issue.
Armenia, 1919 (1920), 25 Rubles, P-20a, Issued, Black on light brown over tan underprint, back black printing over slightly lighter underprint design and color from front, No Armenian text on top left or right margins, S/N K 45 No. 0180, Choice Fine condition with a small hole in center due to a strong fold, paper firm except where folded.
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