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V25 2022 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 25, Number 48, November 27, 2022, Article 20

WORLD BANKNOTE AUCTIONS SALE 35

Here's the announcement for the upcoming World Banknote Auctions Sale 35. -Editor

World Banknote Auctions has now launched Live Sale 35 at www.worldbanknoteauctions.com. Live Sale 35 takes place on December 1, 2022, with live bidding that day at 1 PM Eastern / 10 AM Pacific. Please note that Sale 35 is divided in two parts, each selling on a different day. The first live session with 505 lots takes place on December 1 at 10 AM PST. The second session with 486 lots closes on December 4 at 3 PM PST (special bidding rules apply for the timed sale, please see our website for details). Our bidding platform can be accessed directly by going to bid.worldbanknoteauctions.com or through our mobile apps.

World Banknote Auctions will host sales with live internet bidding every 3 weeks. Bidding for all items starts at just $10 and there is a buyer's premium of just 15% (with a minimum of $10 per lot), 25% less than the industry average. Shipping rates are flat for most items, with shipping within the United States for just $15 and overseas shipping at $30.

  1947 Bermuda Pounds Specimen

Bermuda 17.2.1947 P-17s PMG Gem UNC 66 EPQ 5 Pounds (Specimen)

A fantastic specimen from Bermuda, extremely scarce and not often offered. This type, in issued form, is very seldom available in Gem Uncirculated grade, and this specimen is not much more available than that. Printer's annotations are noted in the top margin and a small SPECIMEN perforation is seen near the bottom serial number. As the serial numbers indicate just 50,000 notes for this type were printed for circulation. Fantastic originality is seen in the PMG holder, and the eye-appeal is excellent. An important offering for the Bermuda specialist.

To read the complete lot description, see:
Bermuda 17.2.1947 P-17s PMG Gem UNC 66 EPQ 5 Pounds (Specimen) (https://bid.worldbanknoteauctions.com/lots/view/4-7XJEIB/bermuda-1721947-p-17s-pmg-gem-unc-66-epq-5-pounds-specimen)

  1989 Brunei 10,000 Ringgit Specimen

Brunei 1989 P-20s PMG Choice UNC 64 EPQ 10,000 Ringgit (Specimen)

The 10,000 Ringgit note from Brunei is a modern rarity surely on the wish list of many collectors. Along with the Singapore $10,000 it is the note with the highest contemporary face value currently being issued, and this type is now long obsolete. It's grand format and face value make for a very appealing and popular type, but both issued notes and specimens are seldom available. Specimens are about equally as scarce as issued notes, as it appears they were never made available in quantity for collectors. The first example of this type we have handled, and it is seen here in fully original choice uncirculated condition. Fantastic opportunity for the dedicated and advanced specialist.

To read the complete lot description, see:
Brunei 1989 P-20s PMG Choice UNC 64 EPQ 10,000 Ringgit (Specimen) (https://bid.worldbanknoteauctions.com/lots/view/4-7XJEJN/brunei-1989-p-20s-pmg-choice-unc-64-epq-10-000-ringgit-specimen)

  1935 Canadian Bank of Commerce 5 Dollars

Canada, Canadian Bank of Commerce 2.1.1935 Ch. 75-18-05 PMG Choice About UNC 58 5 Dollars

Logan - Wedd signature combination. An important rarity in the Canadian chartered series, it was originally believed that this signature combination was unissued, although Charlton states that three circulated pieces are known to exist. In addition two four-subject sheets were discovered and cut up, of which this appears to be one of those eight notes. A few other miscellaneous pieces may exist, but as a whole this is a very challenging signature combination in a very popular series. To our eye it faces up like a choice uncirculated piece, with embossing visible in the PMG holder, although the technical grade is in the About Uncirculated range. Regardless, a Canadian rarity and the first we have handled.

To read the complete lot description, see:
Canada, Canadian Bank of Commerce 2.1.1935 Ch. 75-18-05 PMG Choice About UNC 58 5 Dollars (https://bid.worldbanknoteauctions.com/lots/view/4-7XJEK1/canada-canadian-bank-of-commerce-211935-ch-75-18-05-pmg-choice-about-unc-58-5-dollars)

  1949 China 50 Yuan

China, People's Republic 1949 P-829b PMG Gem UNC 65 EPQ 50 Yuan

Gem Uncirculated notes from the first series of banknotes of the People's Republic of China are some of the most popular banknotes for advanced collectors. Due to the relative low print quality and heavy circulation of these notes original Gems are few and far between, and they are very much in demand. This particular example is as fresh and bright as the day it was printed, with fully original paper and exceptional eye-appeal. While a limited number of pieces grade finer, notes at this grade level or better are very seldom offered for sale, and this is certainly one of the nicest pieces of this type we have handled. An important opportunity for the Chinese specialist.

To read the complete lot description, see:
China, People's Republic 1949 P-829b PMG Gem UNC 65 EPQ 50 Yuan (https://bid.worldbanknoteauctions.com/lots/view/4-7XJELZ/china-peoples-republic-1949-p-829b-pmg-gem-unc-65-epq-50-yuan)

  1849 Danish West Indies 50 Dalere

Danish West Indies 4.4.1849 P-5 PMG About UNC 55 EPQ 50 Dalere

A fully issued rarity from the Danish West Indies (present-day US Virgin Islands). This series, which was printed on thin paper is typically seen incomplete, lacking most of the signatures and a handwritten date in order to be considered fully issued. This example, which is in fully original About Uncirculated condition has all signatures (six in total) and a handwritten date of 10 June 1850. As such, it was in fact issued into circulation in the Danish West Indies and is rare as such. This was the second highest denomination in the 1849 series that is printed in Danish on the front and English on the back. An important offering not to be underestimated, particularly at this grade level.

To read the complete lot description, see:
Danish West Indies 4.4.1849 P-5 PMG About UNC 55 EPQ 50 Dalere (https://bid.worldbanknoteauctions.com/lots/view/4-7XJENP/danish-west-indies-441849-p-5-pmg-about-unc-55-epq-50-dalere)

  1921 East Africa 200 Shillings

East Africa 15.12.1921 P-17 PMG Choice About UNC 58 EPQ 200/- Shillings = 10 Pounds

It is not often that we can offer a note of the rarity and magnitude as the present offering. This lot does not only represent a rare opportunity to acquire a classic key note from a heavily collected area, that note also happens to be the only example in the PMG population report that has been graded EPQ (Exceptional Paper Quality). With original notes continuing to appreciate in demand and value such a status should not be underestimated. In fact, with just some minor handling accounting for the grade assigned by the grading service, we feel comfortable making the statement that this is a contender for the most desirable of the very limited number of pieces known of this type. This offering might represent one of the few opportunities to ever acquire this type, as just three are in the PMG population report and the few others known are held in advanced collections, unlikely to come to the market anytime soon.

The series of banknotes printed for British East Africa are some of the most desirable banknotes ever issued in the Commonwealth, with the series filled with rarities, yet heavily collected by specialists. First established as the East Africa Protectorate, most of the region later became the independent country of Kenya, but the notes were also valid for circulation in Tanganyika (modern-day Tanzania) and Uganda. After 1920 the notes (including the one offered in this lot) were issued by the East African Currency Board, first headquartered in Mombasa and later in Nairobi.

To read the complete lot description, see:
East Africa 15.12.1921 P-17 PMG Choice About UNC 58 EPQ 200/- Shillings = 10 Pounds (https://bid.worldbanknoteauctions.com/lots/view/4-7XJEO5/east-africa-15121921-p-17-pmg-choice-about-unc-58-epq-200-shillings-10-pounds)

  2002 European Union - Ireland 500 Euro

European Union / Ireland 2002 P-7t PMG Gem UNC 66 EPQ 500 Euro PMG Population in 66 EPQ: 15 (8 Finer)

This now obsolete denomination always had a single note that was considered the key for the denomination, and this is it. The Irish 500 with Duisenberg signature had a minuscule print run and most were released into circulation. Finding it in Gem Uncirculated condition is anything but easy. This is easily the nicest example of this type that we have handled. For someone collecting Euro notes by signature and country of issue or simply want a modern rarity that is very much in demand, this is it. Even more recent 500 Euro's are becoming scarce, and this variety is destined to become a classic modern rarity. PMG Population in 66 EPQ: 15 (8 Finer)

To read the complete lot description, see:
European Union / Ireland 2002 P-7t PMG Gem UNC 66 EPQ 500 Euro (https://bid.worldbanknoteauctions.com/lots/view/4-7XJEPB/european-union-ireland-2002-p-7t-pmg-gem-unc-66-epq-500-euro)

  1942 Greece 500,000,000 Drachmai

Greece 20.6.1942 P-163 PMG Very Fine 20 500,000,000 Drachmai (Nafplion Overprint)

An extremely rare overprint for Nafplion, printed after German forces had retreated from the region in September of 1944, but before new banknotes from the Bank of Greece could be introduced into circulation. A provisional handstamp is found on the front, while the text on the back authorizes their circulation and includes the signatures of two members of the committee authorizing the issue of these pieces.

The rarity of this piece is not to be underestimated. In volume 3 of Hellas Banknotes 1822 - 2020 this denomination is called "one of the rarest Greek banknotes". Just 1,000 pieces were printed (serial numbers AP406001 to AP407000) and released into circulation, and perhaps a dozen or well-circulated pieces are known to exist. As these filled an urgent need in commerce in Nafplion and circulated for about three months, the survival of an is nothing short but a miracle. By far one of the most spectacular Greek banknotes we have offered and a rare opportunity for the Greek specialist.

To read the complete lot description, see:
Greece 20.6.1942 P-163 PMG Very Fine 20 500,000,000 Drachmai (Nafplion Overprint) (https://bid.worldbanknoteauctions.com/lots/view/4-7XJERP/greece-2061942-p-163-pmg-very-fine-20-500-000-000-drachmai-nafplion-overprint)

  1931 Iraq 10 Dinars

Iraq 1931 (ND 1938) P-11a PMG Choice UNC 64 10 Dinars

A prefix. A wonderful example of this scarce type, with fresh, original color and exceptional eye-appeal. While a group of these have turned up in recent years and as such is one of the few Iraqi notes that is sometimes available in higher grades. However, due to heavy collector interest these are very much in demand, and most are now held in advanced collections. As such, an important opportunity for the Iraqi specialist.

To read the complete lot description, see:
Iraq 1931 (ND 1938) P-11a PMG Choice UNC 64 10 Dinars (https://bid.worldbanknoteauctions.com/lots/view/4-7XJETP/iraq-1931-nd-1938-p-11a-pmg-choice-unc-64-10-dinars)

  1795 Reunion 5 Livres

Reunion (Isles of France and Bourbon) ND (1795) PMG About UNC 50 5 Livres

Listed in Kolsky under Isle of France and Bourbon, but issued for the French island of Reunion. Part of an extensive series of early banknotes issued towards the end of the 18th century. This particular type is unlisted in Pick and is very scarce, with a small group of pieces known to exist. We note one example in similar grade selling recently at another auction for $4,560. An important opportunity for the French colonial specialist. PMG mentions "Edge damage; pinholes".

To read the complete lot description, see:
Reunion (Isles of France and Bourbon) ND (1795) PMG About UNC 50 5 Livres (https://bid.worldbanknoteauctions.com/lots/view/4-7XJF13/reunion-isles-of-france-and-bourbon-nd-1795-pmg-about-unc-50-5-livres)

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Wayne Homren, Editor

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