This is a folio of 12 connected, accordion-style photos, each with caption but no special section for the address (i.e., blank apart from the caption).  If one wanted to send them as postcards, one would then need to cut each one individually.  The scenes focus on Constanța, Romania’s fourth-largest city, and include the casino, statue (The Fishermen’s Monument), Olimp Stadium, and others.  Our scan shows the unfolded front and back covers.  All unused.  Grade: 1