More than 150 banknotes that were certified by Paper Money Guaranty® (PMG®) from two important collections are being offered in a Spink auction in London, April 17-18. They include 97 PMG-certified banknotes from the Michael Muszynski Collection of Sub-Saharan Africa and 62 PMG-certified banknotes from the Joanne and Edward Dauer Collection of Burma, Ceylon and India.
The Muszynski notes were graded during PMG’s first on-site grading event in London in January 2019. They are a vibrant collection of various denominations of the franc, underscoring France’s historical ties with countries such as Cameroon, the Central African Republic, Chad, Gabon and Mali.
The top lot is expected to be a French Equatorial Africa 1940 1,000 Francs, graded PMG 55 About Uncirculated. Spink estimates the note will sell for £12,000 to £16,000 (about $15,800 to $21,100 USD).
In the Spink auction, the Muszynski Collection is being sold in lots 326 to 471.
The Spink auction features banknotes from the Joanne and Edward Dauer Collection of Burma, Ceylon and India. Being sold in lots 539 to 600, this collection was assembled and graded over a number of years.
Highlights include a Reserve Bank of India, Burma Undated (1937) 100 Rupees, graded PMG 25 Very Fine, and an India Undated (1928) 1,000 Rupees, graded PMG 35 Choice Very Fine. The notes have estimates of £20,000 to £25,000, and £12,000 to £16,000, respectively.
The Dauers are well-known in the world of paper money collecting. These PMG-graded highlights from the Dauer Collection are featured in a gallery at PMGnotes.com/dauer-india. Meanwhile, the Muszynski notes can be explored at PMGnotes.com/africa.
In addition to the Muszynski notes, PMG also had the opportunity at the London on-site event in January to certify over 250 selections from Part I of the Ibrahim Salem Collection of British Commonwealth Banknotes. These selections can be viewed at PMGnotes.com/salem.
Spink is offering the Salem notes in a standalone sale on April 17. The top 45 lots in the auction are PMG-certified, including a Bermuda 1941 Five Pounds, with Serial Number 1, estimated at £65,000 to £70,000.
“The trust that the numismatic community places in the expertise and integrity of PMG’s grading team is reflected throughout the catalogs for these auctions,” said Barnaby Faull, Director of Banknotes for Spink, a global auction house founded in London in 1666. “We are very excited to offer these amazing selections from three world-class collections.”
“We are delighted to work with global powerhouses like Spink and some of the hobby’s top collectors to certify rarities like these,” said Steven R. Eichenbaum, CEO of PMG. “With the backing of our comprehensive guarantee of authenticity and grade, collectors and dealers can feel confident when bidding on PMG-certified notes.”
For more information about Spink and to bid in these and other upcoming auctions, visit spink.com.
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About Paper Money Guaranty® (PMG®)
Founded in 2005, PMG is one of the world’s most comprehensive third-party paper money grading and encapsulation services. PMG has established high standards of integrity, and the company’s dedication to consistent and accurate grading has helped PMG become one of the world’s largest and most trusted note grading services. To ensure impartiality, PMG does not buy or sell notes. Its full-time graders are prohibited from buying and selling notes commercially, and strict procedures are in place to prevent consultants from influencing the grades assigned to their own submissions. To learn more, visit PMGnotes.com or call 877-PMG-5570.
