From the 30th September
until the 2nd October 2014, Spink London held its
flagship auction of World Banknotes for this year.
Over the three days, an astonishing
catalogue of over 2200 lots was auctioned to achieve numerous
impressive results, many well above their pre-sale estimate.
The first two days were devoted to
material from a multitude of sources. Highlights included a 50
piastres note from the National Bank of Egypt (Lot 482). This
early note from 1899 includes the exceptionally rare Palmer
signature, of which only around 8 are known. Achieving more than
double its pre-sale estimate, the note realised £37,200.
Price Realised: £37,200
Another impressive item on offer
was an extremely rare Asiatic Banking Corporation, Straits
Settlements specimen $5 issued from Singapore (Lot 1669). Dated 18-
(c.1862), the note contains no serial numbers and borders are
printed in several languages. Sold for £36,000, the note gained
over seven times its estimate.
Price Realised: £36,000
Other high points of the auction
came from one of the best known issued £50 notes from the Reserve
Bank of New Zealand, 1934, featuring a portrait of the Maori King
Tawhiao, which achieved £30,000 (Lot 1394) and an exceptional Qatar
and Dubai 50 riyals (Lot 1527), rapidly becoming recognised as
being just as rare as the 25 riyals, that realised £34,800.
Price Realised: £30,000
Price Realised: £34,800
Rounding off the three day auction
was a selection of over 400 lots from Britain. Featured amongst the
range on offer was a 1930 10 shillings from the States of Guernsey
(Lot 2067). In auction for the first time, this variety is
virtually unknown by most experts and collectors. Achieving over
triple its estimate, the unlisted note realised £11,040.
Another highlight from the British
section included a very early £10 from the Bank of England, signed
by Frank May, the then chief cashier, and dated 1888 (Lot 1866 -
price realised £9,000)
Price Realised: £9,000
Spink is the world's leading
auctioneer of stamps, coins, banknotes, medals, bonds & shares,
autographs, books and wine. Since its foundation in 1666, the
Spink name has become synonymous with tradition, experience and
integrity. Holder of royal warrants and numerous records for prices
achieved at auction, Spink offers an unparalleled range of services
to collectors worldwide. Headquartered in London, with
offices in New York, Switzerland, Hong Kong and Singapore, Spink
holds over 70 auctions a year. Catalogues can be accessed
through the Spink website (www.spink.com) or via the Spink App for
iPhone and iPad.
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