News from Spink

WORLD BANKNOTES FETCH ENORMOUS PRICES AT SPINK IN LONDON

Over the course of two days, Spink sold just over 1,000 banknotes during its World Banknotes sale in London. Several languages were overheard in the room where bidders actively pursued lots, bidding against those on the phone and those using Spink Live to participate in the sale. It was a truly international event with an outstanding result: a sale total of £1,478,254. 

 “This sale was filled with numerous rarities which produced a great deal of interest from around the globe. Such enthusiasm from collectors is just another clear indication of how resilient the market for banknotes truly is and I hope this sale can be seen as a vote of confidence for the market: a recession busting event.  There was a great buzz in the room and several collectors were seen to be bidding furiously for lots they weren’t leaving Spink without,” stated Barnaby Faull, Director of Banknotes and Auctioneer for the sale.

 Highlights of the sale included:

Lot 874

Palestine, Currency Board Specimen £50, Jerusalem, 30 September 1929, serial number A000000

Sold for £73,700

 Lot 873

Palestine, Currency Board, colour trial 50 pounds, 30 September 1929, serial number A000000

Sold for £50,700

 Lot 872

Palestine, Currency Board, specimen £30, 7 September 1939, serial number A000000

Sold for £32,300

 Lot 204

Egypt, National Bank, specimen £100, 2 October 1912

Sold for £23,100

 Lot 203

Egypt, National Bank, specimen £100, 15 January 1899

Sold for £20,800

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