Palestine Note in NYINC 2020
Rare Palestine Note by Aris Maragoudakis – Director of World Currency Auctions, Stack’s Bowers Galleries ……
Stack’s Bowers Galleries is pleased to present an extensive selection of banknotes in our January 2020 New York International Numismatic Convention (NYINC) sale, which will be held at the Grand Hyatt in New York City. One incredible note is found in lot 30368, a brilliant Palestine Note [ Pick 9a 10 Pound banknote ] featuring a key date of 1927.
The Palestine note is certified by PMG as Very Fine 25, free of any comments from PMG. Extremely close inspection reveals a nearly microscopic pinhole, and some edge wear typical for the grade. This is without question one of the finest examples of the type known in fully issued form, as many of the finer PMG examples have been canceled and are thus not in their original issued state.
The Palestine note features bright blue inks, and deep red and black impressions. It displays great overall detail and pleasing centering. A vignette of the Crusaders Tower at Ramleh is at left on the front with the Citadel of Jerusalem at center on the reverse side in the holder. The note will be an incredible addition to even the most advanced of general world paper collections. It will open at $52,500 USD.
For additional information regarding this lot, or to consign to a future sale, please contact Aris Maragoudakis at Aris@StacksBowers.com.
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About Stack’s Bowers Galleries
Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Norweb Collection, The Cardinal Collection, and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.
Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack’s Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association (ANA) events, the New York International Numismatic Convention (NYINC), the Whitman Coin & Collectibles Spring, Summer, and Winter Expos, and its April and August Hong Kong Auctions.