News from Spink

$5 CANADIAN NOTE SELLS FOR £13,900 AT SPINK IN LONDON

Today Spink held the first half of a two day sale of ‘Banknotes of the World’ in London. Featured in the first 365 lots was a fine collection of Canadian banknotes from as early as 1897. All of the notes sold and most achieved nearly twice their estimated value. The highlight of the collection was the Merchants Bank of Canada, $5, Montreal Note dated 1 November 1919 with a red serial number 000001. The note was purchased by an anonymous bidder for £13,900.

 Any banknote with a serial number of 000001 is a highly sought after item at auction. They so rarely appear on the market and garner a great deal of interest from around the globe when they do. This particular note features a black and green portrait of His Royal Highness Edward Prince of Wales in military uniform. It was accompanied by an envelope with manuscript text ‘first 5 dollar note of a series issued by the Merchants Bank of Canada to coincide with the Prince of Wales visit November 1919’.

About Spink

Spink is the world’s leading auctioneer of coins, stamps, medals and banknotes with offices in London, Singapore, New York and Dallas.  Since its foundation in 1666, the Spink name has become synonymous with tradition, experience and integrity. Holders of three royal warrants and numerous records for prices achieved at auction, Spink offer an unparalleled range of services to collectors worldwide.

Public Enquiries:  020 7563 4000 – www.spink.com or info@spink.com

Images:  Spink Press Office on 020 7563 4009