Spink: A Trio of Banknote Auctions

Spink: A Trio of Banknote Auctions

Spink’s eagerly anticipated Autumn World Banknotes sale is here

Spink’s esteemed banknote specialist, Barnaby Faull, comments that “It doesn’t seem so long ago when I was a young man (to many of you I still am!) and the banknote department was grudgingly allowed a few banknote lots at the end of a coin sale, how things have changed. This time, it seems we have been cataloguing from dawn to dusk for the last few months and we have three magnificent catalogues to show for it.”

First and foremost, there is the general world auction of almost 2,200 lots. Following this, Spink is delighted to be presenting a Bank of England charity auction featuring the first Bank of England Polymer issue and thirdly, a substantial British sale with a strong Scottish offering.

The general sale, as usual, contains a splendid group of specimens, proofs, and essays including some staggeringly rare Commonwealth issues. For example, a 1929 Palestine £50 (lot 1439), a Gibraltar £50 of 1914 (lot 709), and notes from the Turks and Caicos, Grenada and Mauritius. There is also a beautiful group of issued Belgian Congo and a wonderful mix of French Colonial issues, all of which are worthy of special attention.

1929 Palestine £50 (lot 1439). Images courtesy Spink Auctions

Lot 1439: Estimated: £35,000 – 40,000 ($46,550 – 53,200 USD)

Gibraltar £50 of 1914 (lot 709). Image courtesy Spink Auctions

Lot 709: Estimated: £15,000 – 20,000 ($19,950 – 26,600 USD)

This auction is enhanced by several individual collections from all over the world. Scattered throughout the sale are elements of the Ralph Parry Collection. Most of this is featured in our British sale, but several notes can be found in the World Banknotes sale. There is a lovely group of Indian notes that Barnaby last saw over 25 years ago when you could still find good notes in some quantity.

We have a truly exceptional grouping of early Ottoman specimen notes with vibrant colors and intricate calligraphy, including the note below (lot 2035) – a 50,000 livres of 1916.

Ottoman 50,000 livres of 1916. Image courtesy Spink Auctions

Lot 2035: Estimated: £80,000 – 90,000 ($106,400 – 119,700 USD)

The Mel Huang Collection, located before the Russia section, is a very nice selection from one of the ‘real’ collectors who keep this wonderful hobby afloat. Be sure to look at the 100 rubles of 1884, known as the ‘rainbow note‘ (lot 1713).

Russia 1884 100 ruble 'Rainbow Note'. Images courtesy Spink Auctions

Lot 1713: Estimated: £4,000 – 5,000 ($5,320 – 6,650 USD)

Other highlights include the remarkable Peter Dorfman Collection of Egyptian Government Currency Notes. This is at the start of the Egypt section, and includes some spectacular Royal Numbers and other rarities.

As ever, Spink hopes that the auction will underline the strength of this fascinating hobby and that all our collectors and friends find a few notes to attract them. The sale will take place from the 28th – 30th of September 2016 in London.

For more information, please contact Andrew Pattison at +44 (0)20 7563 4044 or [email protected].

SPINK LONDON | 69 Southampton Row | Bloomsbury | London | WC1B 4ET

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About Spink

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, Hong Kong, Singapore and Switzerland, 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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